Colefax current trading in line with expectations

Michele Maatouk Sharecast | 14 Sep, 2017 09:25 | | |

edgar test 10
  • 540.00
  • 1.89%10.00
  • Max: 540.00
  • Min: 530.00
  • Volume: 5,892
  • MM 200 : n/a
17:17 22/09/17
  • 17,537.67
  • 1.19%206.51
  • Max: 17,575.58
  • Min: 17,317.78
  • Volume: 0
  • MM 200 : n/a
17:30 22/09/17

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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