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BRIEF-Carpetright sees full year profit at lower end of expectations
April 25, 2017 / 6:10 AM / 5 months ago

BRIEF-Carpetright sees full year profit at lower end of expectations

April 25 (Reuters) - Carpetright

* Update on trading for the 12 weeks ended 22 April 2017

* Continued growth in UK, with like-for-like sales up 1.4% despite tougher market conditions experienced across period

* Rest of Europe continues to benefit from improving economic confidence and positive currency impact

* In local currency terms, like-for-like sales in the Rest of Europe (Netherlands, Belgium and the Republic of Ireland) increased by 1.4%

* Full year profit expected to be within current range of market expectations, albeit towards lower end

* We remain confident in our turnaround plan Source text for Eikon: Further company coverage: (London Newsroom)

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