Interim Management Statement
Key Points
· Cycling: all areas up on the year with Cycle Repair increasing 32.1%. A broader offer of Parts, Accessories & Clothing launched online
· Car Maintenance: parts sales up 16.7% driven by the fitting proposition
· Car Enhancement: Car Cleaning sales up strongly, with Technology sales down 3.5%
· Travel Solutions: better Camping sales offset by a further decline in sales of Child Car Seats
· Online Retail: sales up 15.5%, with Cycling making up over half of online revenues. Sat Nav online sales up 9.4%
· Autocentres: total sales up 7.8% with seven centres opened in the period; fleet LfL sales remained in decline
Financial Position
The Group's financial position remains sound.