04/05 Trading update

  • BTC
    • Operating profit expected to be in line with March update at £470m

    • Weak sales in Q4

        Q4 Full Year
      Sales - Total +1.1% +3.8%
      Sales - LFL -0.9% +2.3%
      Underlying LFL +0.7%  

       

    • Gross margin % -80bp for the year
  • BHI
    • Operating profit slightly ahead of expectations at £85m
  • Group
    • PBT in line with revised market expectations at £475m

    Note: All trading results estimated at time of going to press

Provided by Investis