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Superdry shares suspended due to accounts delay

Published 30/08/2023, 08:37
Updated 30/08/2023, 09:10
© Reuters.  Superdry shares suspended due to accounts delay

Proactive Investors - Superdry PLC (LSE:SDRY) shares were suspended today as the fashion clothing group said its results have been delayed by work with its auditor RSM to complete the final technical points of its accounts.

Normal procedures are taking longer than anticipated, it said, as this is the first year that RSM has audited the company.

The results, for the year to 30 April 2023, are expected to be announced later this week when trading in the shares will also be restored, the statement added.

Superdry has endured a tough couple of months with a profit warning in April followed earlier this month by an emergency £25 million loan from restructuring firm Hilco.

Read more on Proactive Investors UK

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