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Footwear retailer Shoe Zone booked a flat first-half profit after it sales weakened slightly.
Pre-tax profit for the six months through March was unchanged at around £1.0m, as revenue edged back to £73.0m from £73.7m on-year.
The company held its interim dividend steady at 3.5p per share.
'The first half of our financial year has been positive for the group, trading in line with management's expectations and achieving profitable revenue growth in our two key growth areas of digital and Big Box,' chief executive Nick Davis said.
'Our ongoing strategic focus continues to be on the Big Box roll out with a target of 45 stores by the end of December 2019.'
'This is progressing to plan and we will be operating from 33 Big Box stores by the end of May.'
'Additionally, our refreshed digital strategy has also generated profitable growth, laying the foundation for a positive outlook for the rest of the year.'
'Trading momentum has continued into the second half, in line with market expectations.'
'With our growth strategy in place, we believe we are favourably insulated against many of the structural sector issues and the board continues to look to the future with confidence.'
At 8:01am: (LON:SHOE) Shoe Zone Plc share price was +1p at 228p
