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News announcements placed on Plus Markets.
Wellington Market Company plc
Trading Update
Annual General Meeting Chairman's Trading Statement for the Half Year to the 30th June 2008
A difficult economic climate, low consumer confidence, and disappointing weather through the early part of the current year, have all impacted negatively on our trading performance. It is thus unlikely that the company will achieve a much better than break-even position for the first six months of 2008.
Lord Lee of Trafford Chairman
For further information please contact:
Wellington Market Company plc Paul Fice Tel: 01952 242 019
Grant Thornton Corporate Finance (Corporate Adviser) Gerry Beaney/Cha Patel Tel: +44 207 383 5100
The directors of the issuer (Wellington Market Company Plc) accept responsibility for this announcement.
Notes to Editors: Wellington is a public company and has been operating markets for more than 150 years and can trace its history back to 1244 when Wellington Market was established by Royal Charter. Initially it owned and operated retail, produce and livestock markets in the town of Wellington, Shropshire. It is now the leading private sector and only public company operating retail markets in the United Kingdom with markets at 35 locations providing over 5000 stalls per week.
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