Fletcher King PLC Trading Update (1622A)
24 May 2019 - 9:10PM
UK Regulatory
TIDMFLK
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
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END
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