Partners Holdings - Trading Statement
26 January 2000 - 6:02PM
UK Regulatory
RNS Number:4183E
Partners Holdings PLC
26 January 2000
PARTNERS HOLDINGS PLC
Christmas Trading Statement
Partners Holdings PLC, the operator of 105 specialist
retail stationery stores, today announces details of its
Christmas trading period.
Like for Like Sales
Comparable stores
% change
8 weeks ended 1st January 2000 +9.0%
Christmas sales were in line with expectations,
increasing by 9.0% on a like for like basis. Core
stationery products performed well, however, seasonal
speciality sales fell behind expectations resulting in
additional promotional activity to clear stocks. This has
resulted in a reduction in margins during this period.
The overall performance leaves the group on track to
achieve its plans for the year.
Enquiries:
Partners Holdings plc
Michael Scorey, Chairman 01270 505888
Alan Goodwin, Finance Director 01270 505888
College Hill
Mathew Smallwood 0171 4572020
END
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