LONDON (Reuters) - Photographic retailer Jessops (LSE: JSP.L)
said on Tuesday that trading had not improved going into the summer period, and like-for-like sales in the 41 weeks to July 13 had fallen 5.7 percent.
The company said trading in the last three weeks was down an average 11 percent, and it expected its full-year pretax loss before exceptional items to be worse than the 7.5 million pound loss it made last year.
However, Jessops said it still expected full-year earnings before interest, tax, depreciation and amortisation to be ahead of last year's 4.4 million pounds, as it remains cash generative and is operating within its existing banking facilities.
Source: http://uk.biz.yahoo.com/15072008/325/jessops-says-trade-worsening-sees-loss-widening.html
