Sanderson Group reports revenue rise
Sanderson Group has reported revenues of £17.1 million for the half year to 31st March with pre-tax profits of £1.96 million. The business said that its performance was ahead of management expectations and that it continues to perform well in the current half year.
"The group has made further strong progress during the six month period ended 31 March 2019, with trading results stated under the new IFRS 15 accounting standard, ahead of management expectations with strong performances from both the digital retail and enterprise divisions, " said chairman Christopher Winn. Group CEO Ian Newcombe added; "The board continues to be cautious in its approach, monitoring the general economic environment carefully and being sensitive to market conditions."
As reported Sanderson Group acquired Gould Hall last month.