Trading across Carluccio's stores is ahead of expectations

1st April 2010, 10:36am

Trading across Carluccio's stores has continued to perform ahead of the Board's expectations, according to its latest trading update.

In the 26 weeks to 28 March 2010, turnover grew by 8% over the same period in the prior year.

The company has opened three further stores during the period under review: Exeter, Wimbledon and Cardiff. 

All new stores are trading ahead of board expectations.  The Company now trades from 45 stores nationwide. They are now on track to achieve the minimum five store opening target with the next opening expected to be in Milton Keynes in the early summer.

A spokesperson for the company said:  "Uncertainty surrounding the outcome of the election and the potential for future tax rises mean that the near term trading environment remains unpredictable.  The Board, however, continues to draw comfort from the inherent strength and flexibility of the Company's business model and positive cash position."

The company will announce its interim results on 17 May 2010.

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• 14 May 2009 - Behind the scenes at Carluccio's
• 06 May 2009 - Carluccio's shares soar after talks of a takeover
• 01 May 2009 - A taste of Italy with Carluccio's
• 01 Apr 2009 - Carluccio's continues to grow
• 27 Mar 2009 - Carluccio's makes the switch
• 06 Feb 2009 - Turnover up 14% at Carluccio's
• 10 Dec 2008 - Carluccio's profits soar by 14%
• 04 Feb 2008 - Carluccio's reports strong growth
• 28 Jan 2008 - Carluccio's raises over £67,000 for charity

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