Today’s H1 pre-close trading update is “in line with the Board’s expectations”. This reflects a continuation of the established overall positive trading patterns and individual country performances seen at the AGM trading update on May 25. In light of sterling continuing to depreciate against all of HFG’s key trading currencies (e.g. 62% of HFG’s FY15 revenues were generated outside the UK), we upgrade our FY16 and FY17 EPS forecasts by 4%, reflecting posit
