RNS Number : 5706D
Superdry PLC
27 June 2019
 

SuperdryPlc

 

("Superdry" or "the Company")

 

27 June 2019

 

 

Notice of Preliminary Results

 

Superdry will announce its preliminary results for the 52 weeks ended 27 April 2019 at 7am on Wednesday 10 July 2019, rather than on Thursday 4 July 2019 as previously indicated.

 

In its Pre-Close Trading Statement on 9 May 2019 Superdry referred to the fact that it will be making a non-cash onerous lease and store impairment provision in its full year results, which will benefit the underlying profit before tax in FY19 and subsequent years. As a consequence of the complexity of the work related to that provision, coupled with the recent management transition, Superdry has agreed with its auditors that it is appropriate to delay reporting its preliminary results for a short period to allow that work to be completed.

 

Underlying profit before tax in FY19 is expected to be in line with the revised market expectations that have been published following the Pre-Close Trading Statement on 9 May 2019. 1

 

 

Supporting note

 

1.     Superdry is aware of five analyst updates that have been published following the Pre-Close Trading Statement on 9 May 2019 with a range of £41.3m to £48.6m and an average of £44.7m. 

 

 

 

 

 

For further information:

 

 

Superdry Plc

 

Simon Callander

Group General Counsel and Company Secretary

44 (0) 1242 586643

 


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