Poundland H1 pre-tax profits fell 43.1%Staff writer ▼ | November 20, 2015
Poundland reported a fall in sales and profits, and said recent trading had been highly volatile. Half-year pre-tax profits fell 43.1% to £5.3m, and like-for-like sales were down 2.8%, the budget retailer said.
Poundland Like-for-like sales were down 2.8%
However, he said the chain had seen "highly volatile trading conditions so far in the third quarter".
"The quarter's performance therefore depends more than ever upon the last six weeks' trading towards Christmas," he said. ■