ScS has seen momentum continue since its 9th June trading update, with total LFL sales order intake having increased by 14.8% for the 53 weeks ended 30th July.
As a result, the group expects to report profits in line with current market expectations.
It has also announced the refinancing of its debt facilities, extending the maturity of its committed £12m bank facility to October 2018, and the facility has been renegotiated at a lower margin.
CEO David Knight comments: “We are delighted that trading was strong throughout the EU referendum campaign and has continued since the vote with progress on a LFL basis in all retail categories.”
Source:
http://www.furniturenews.net/news/articles/2016/08/1890282127-scs-reports-sustained-momentum
