MEYER PLC
MARKET SUMMARY
FOR THE PERIOD ENDED 30TH JUNE, 2019
                                                     GROUP                          COMPANY
                                           30/06/2019     30/06/2018      30/06/2019      30/06/2018
                                             N'000           N'000          N'000             N'000
Continuing operations
Revenue                                        604,454        512,990         604,454          512,990
Cost of sales                                 (391,259)       (345,086)       (391,259)       (345,086)
Gross profit                                  213,195        167,904          213,195         167,904
Other operating income                           5,419           9,035           5,419           9,035
Selling & Distribution expenses               (117,200)        (87,849)       (117,200)        (87,849)
Administrative expenses                       (150,664)       (154,081)       (150,664)       (153,976)
Profit/ (loss) from operating activities      (49,251)        (64,991)        (49,251)         (64,886)
Finance Income                                  36,280               -         36,280                 -
Finance costs                                  (14,343)        (28,929)        (14,343)        (28,929)
Profit/(Loss) before tax                      (27,314)        (93,920)        (27,314)         (93,815)
Taxation (Provision)                            (2,267)              -          (2,267)               -


Profit /(Loss) for the period                 (29,581)        (93,920)        (29,581)         (93,815)


Earnings per share

Basic and diluted earnings per share            (5.94)         (18.87)          (5.94)          (18.85)