Laura Ashley Holdings (ALY)

Laura Ashley Holdings ALY Logo

Engaged in designing and manufacturing products for home and fashion.

15-Feb-2018 – 6.1p – £44.4m – PER 5.95

Interim Results For The 6 Months To End December 2017 –  Not very promising at all. Revenue of £134.7m vs £146.0m last time, PBT of £4.3m (£7.8m last time) and the Interim Dividend is passed. GBP weakness blamed and FY PBT expected to below market expectations.

Looks like Laura Ashley is in terminal decline here – I will be avoiding for now.

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