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Pets at Home Group upgrades full-year outlook

StockMarketWire.com

Pets at Home Group has upgraded its full-year outlook after a strong performance in the fourth quarter.

Based on trading year-to-date, the company now anticipates full-year underlying pre-tax profit to be approximately £85 million, ahead of previous guidance of at least £77 million.

This figure includes the previously announced repayment of business rates relief of £28.9 million.

The company said: Notwithstanding this challenging external environment, our performance over the last eight weeks has been ahead of expectations, with continued strong and broad-based growth across all channels and categories.

At 8:15am: (LON:PETS) Pets AT Home Group PLC share price was 0p at 388.2p


Story provided by StockMarketWire.com