Edition:
India

Famous Brands Says Difficult Trading Conditions Persisted In South Africa And UK


Wednesday, 11 Sep 2019 

Sept 11 (Reuters) - Famous Brands Ltd ::JSE: FBR - VOLUNTARY PERFORMANCE UPDATE.FAMOUS BRANDS LTD - REVENUE REPORTED FOR REVIEW PERIOD IS IN LINE WITH MANAGEMENT'S EXPECTATIONS.FAMOUS BRANDS - DIFFICULT TRADING CONDITIONS PERSISTED ACROSS GROUP'S PRIMARY MARKETS IN SA AND UK.FAMOUS BRANDS -DIFFICULT TRADING CONDITIONS MARKETS IN SA & UK, DUE TO SUBDUED CONSUMER SENTIMENT, SPEND, INTENSE COMPETITOR ACTIVITY, MARGIN PRESSURE.FAMOUS BRANDS- GROWTH WAS RECORDED ACROSS BRANDS DIVISION IN SA AND AME, BUT SUPPLY CHAIN DIVISION FARED LESS WELL FOR 26-WEEK ENDED 25 AUGUST.FAMOUS BRANDS LTD - "ON BALANCE, GROUP WILL DELIVER SATISFACTORY RESULTS" FOR 26-WEEK PERIOD ENDED 25 AUGUST 2019. 

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21 Nov 2019