Bonmarché warns of 'worse' trading conditions ahead

Taking a cautious approach to its forecast and assuming that sales will not show any significant improvement before the end of March 2019, Bonmarché now estimates that underlying PBT will be in the range of breakeven to a loss of 4 million pounds for the current financial year. The company said, mid-point of this range corresponds to a store LFL sales assumption for Q3 of approximately negative 12 percent, and approximately negative 1 percent for Q4, against a particularly weak comparative last year of negative 11 percent.