Shoe Zone Plc Generates Revenues Of Around £161.9 Million For The 53-Week Period To 5 October 2019

  • Oct 24, 2019 BST
  • Team Kalkine
  • Shoe Zone Plc (SHOE) has released its full-year trading updates for the 53-week period to 5 October 2019.
  • For the reported period the company generated revenues of around £161.9 million as compared to £160.6 million in 2018.
  • The company closed the year with a net cash balance of £11.3 million as compared to £15.7million in 2018.
  • The company stated that it expects to report pre-exceptional Profit before Tax for the period as per the revised market expectations.
  • On 24th October 2019, at the time of writing, GMT 08:19 AM, SHOE shares were trading at GBX 125.50, down by 7.00 points or 5.91% against the previous day closing price.

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