Conviviality (CVR)

 

Conviviality sales rise

Conviviality said sales in each business unit for the 26 weeks ended 29 Oct were notably above the corresponding prior period last year and unaudited revenue was 9.2% ahead of last year at £836m and 7.9% above the corresponding prior period.

Conviviality Direct sales were up 6.9% over the corresponding prior period to £540m (H1 FY2017 £500m).

Conviviality Retail sales were up 10.0% over the corresponding prior period to £203m (H1 FY2017 £185m) and Conviviality Trading sales were up 9.6% over the corresponding prior period to £93m (H1 FY2017 £82m) The group said it continued to perform in line with the board's expectations for the 52 week period ending 29 Apr 2018.

At 8:19am: (LON:CVR) Conviviality Retail share price was -16.5p at 407.5p