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HMV sees year profits toward upper end of range

Posted : Fri, 09 May 2008 06:14:05 GMT
Author : Reuters
Category : US (Business)
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LONDON (Reuters) - British music and books retailer HMV Group Plc said on Friday it was confident full-year pretax profits before items would be towards the upper end of market expectations.

The company, which owns bookseller Waterstone's as well as music shops under its own name, said group like-for-like sales grew by 10.1 percent in the 16 weeks to April 26, and by 7.3 percent over the full year.

(Reporting by Mike Elliott)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.



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