UK DIY News
Carpetright sees year pretax profit of £6-8 million
Carpetright, Britain's biggest floor coverings retailer, said it expects its full-year underlying pretax profit to be in the range of £6 million to £8 million, below current market expectations.
"We're looking at guiding the market slightly below the lower end of our current range. Before today we saw the current range in the range of £8 to £12 million. We now think it's more likely to be in the range of £6 to £8 million, Finance Director Neil Page told Reuters in an interview on Tuesday.
Page said he was hopeful the company would achieve like-for-like-sales growth in Britain in the fourth quarter as it comes up against weaker comparatives.
Source : Matt Scuffham and Rhys Jones – Reuters
http://uk.finance.yahoo.com/news/carpetright-sees-pretax-profit-6-075516755.html
£
I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.