The first half messages were a mix of strategic progress and the dampening impact of a hot summer on UK and German retailing. H1 revenue at £3.9m was 20% down y-o-y, with a £0.1m pre-tax loss (H117: £0.2m profit). SAL’s venues experienced some of the issues reported by other retail-related operations. The appeal of shopping centres to advertisers was suppressed until other distractions i.e. the weather and England’s World Cup run eased off.
28 Sep 2018
Hot summer dents retail appeal
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Hot summer dents retail appeal
SpaceandPeople plc (SAL:LON) | 80.0 0 0.0% | Mkt Cap: 1.56m
- Published:
28 Sep 2018 -
Author:
Roger Leboff -
Pages:
8
The first half messages were a mix of strategic progress and the dampening impact of a hot summer on UK and German retailing. H1 revenue at £3.9m was 20% down y-o-y, with a £0.1m pre-tax loss (H117: £0.2m profit). SAL’s venues experienced some of the issues reported by other retail-related operations. The appeal of shopping centres to advertisers was suppressed until other distractions i.e. the weather and England’s World Cup run eased off.