Colefax current trading in line with expectations

Michele Maatouk WebFG News | 14 Sep, 2017 09:25 | | |

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17:17 21/11/17
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17:20 21/11/17

AIM-listed Colefax said on Thursday that current trading is in line with management expectations.

In a statement ahead of its annual general meeting, the group said its core fabric division saw US sales for the four months to the end of August up 4% on a constant currency basis. Chief executive David Green pointed out that the US is its largest market, accounting for around 60% of fabric division sales.

In the UK, sales for were up by 3%, while sales in Europe rose 4% at constant currency.

Colexfax shares were untraded on Thursday.

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