Kesa Electricals sees '05 results at low end of expectations
By Simon Kennedy
Published: Jan 19, 2006 2:26 a.m. ET
SimonKennedy
LONDON (MarketWatch) -- U.K.-based Electrical goods retailer Kesa Electricals uk:kesa said Thursday that it expects to deliver results for 2005 towards the low end of market expectations after same-store sales in the period Nov. 1 to Jan. 8 fell 0.3%, ignoring the effect of exchange rates. Total sales for the period climbed 4.4%. The company said that, following a difficult November, all its divisions saw improved sales in the Christmas period, but sales of white goods remain weak.