StockMarketWire.com - Moss Bros Group says trading performance continues to improve on the prior year in line with market expectations, and is on course to deliver anticipated levels of growth.

Total sales for the continuing business for the first 16 weeks continued to perform well across both Retail and Hire and, although now against tougher comparatives, were 7.9% up on last year. Like for like sales were 8.9% ahead for the same period.

Like for like cash gross profit strengthened during the period and was 5.2% ahead of last year.

The Group continues to manage its day to day funding requirements through a surplus cash balance.




At 9:44am: [LON:MOSB] Moss Bros Group share price was +0.75p at 42.75p



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