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BRIEF-Smiths City Group says it ‍deferred its planned NZ$5.7 million distribution of capital ​
October 25, 2017 / 10:23 AM / in 2 months

BRIEF-Smiths City Group says it ‍deferred its planned NZ$5.7 million distribution of capital ​

Oct 25 (Reuters) - Smiths City Group Ltd

* ‍Deferred its planned NZ$5.7 million distribution of capital following a continuation of tough trading conditions​

* ‍Now expects 6 months revenues to be around 3% down from $113.9 million posted in same period last year​

* ‍Expect group profitability to be lower than same six months last year​

* Expects same-store sales for six-month period down by around 4%.

* All figures in nz$‍​ Source text for Eikon: Further company coverage:

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