John Lewis of Hungerford (AIM: JLH) - it isn’t clear why this remains on the market
John Lewis of Hungerford the specialist kitchen manufacturer and retailer has today announced an update on its current trading performance.
Trading for quarter three has been ‘broadly static’ with the comparable period last year, suggesting little progression. In 2014 the Group opened two new showrooms in Chiswick and Cobham. The Chiswick show room, which was opened in May was reported to be increasing levels of trading for the Group, however the modest profit from operations was a reduction on the previous year. The Group also launched two new kitchen ranges in the 2014 financial year which have also failed to accelerate trading for the Group. The earlier news of the unplanned departure of three of the Group’s highest performing sales…