19 May 2024, 20:41
By Furniture News Aug 12, 2015

Trading improves at ScS

Trading improved in the final quarter of ScS' financial year, resulting in total like-for-like order intake for the 26 weeks to 25th July 2015 being up 1.4% on last year, reports ScS in its latest trading update. Total like-for-like sales for the year to 25th July 2015 were up 5% on last year.

The ScS board therefore expects to report full-year results on 29th September in line with current market expectations for the year.

In addition, ScS has announced that Ron Turnbull, CFO and executive director, has decided to step down from the board and resign from the company.

Alan Smith, chairman, comments: "I'm pleased to report that sales have recovered in the final quarter of the financial year and the company has entered the new year well positioned for future growth. I would like to thank Ron for his significant contribution to ScS over the last 11 years – in particular for the key role he played in achieving a successful IPO for the group in January of this year."

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