5 April 2011 – trading statement

Financial performance for the year to 31 March 2011 is expected to be in line with market expectations.  This is pleasing given trading conditions.  The Irish business which was acquired in October 2010 has been successfully integrated and this provides an exciting opportunity to broaden the savings range for Christmas 2011 by launching vouchers into the Republic of Ireland.

Although the business has been performing well, the share price has doubled over the last 12 months and there could be some profit taking between now and final results on 14 June.  BUY ON WEAKNESS.