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Guinness Peat Q3 Like-For-Like Sales Flat With Last Year; Backs FY Outlook

Guinness Peat Group plc (GPGPF.PK,GPG.L) Tuesday reported third-quarter like-for-like sales which was in line with last year at zero growth, as sales rises in the industrial division offset muted demand for fashion handknitting products.

The company maintained its annual outlook for attributable profit to be in line with market expectations.

The company said in relation to UK pensions regulator's investigations, GPG submitted written representations on the warning notices it received in relation to the Brunel and Staveley pension schemes.

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