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FLETCHER KING PLC — Earnings Release 2019
May 24, 2019
7646_rns_2019-05-24_5f734aa6-5bc5-4b8c-92ff-45f6bed50184.html
Earnings Release
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RNS Number : 1622A
Fletcher King PLC
24 May 2019
FLETCHER KING PLC
TRADING UPDATE
Fletcher King plc (the "Company") announces that its turnover and profit before tax for the year ending 30 April 2019 are likely to be similar to that of the previous year.
Looking forward, the unprecedented political and Brexit uncertainties continue to severely impact lettings and sales in the UK property market in which the Company operates. As a result, it is increasingly difficult to assess the likely volume of our transactional business and thus our level of profitability.
However we believe our strong balance sheet and lack of debt is important in maintaining the Company's stability in challenging times.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
Fletcher King plc
David Fletcher
Tel: 0207 493 8400
Cairn Financial Advisers LLP
James Caithie / Tony Rawlinson
Tel: 020 7213 0880
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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