10 July 2013
Restore plc
Trading Update
Restore plc, the UK office services provider ("Restore" or "the Group"), today issues a trading update for the six months ended 30 June 2013.
Trading in the first six months of 2013 was in line with our expectations.
Our Document Management division continued to trade well, with the core records management business performing strongly. The integration of the three acquisitions made in the period - File & Data and Atix in records management, and IT Efficient in IT asset disposal - is proceeding to plan.
Our Office Relocation division, which primarily comprises Harrow Green, the UK market leader, continued to benefit from improved market conditions and the reduction in its cost base, which, as reported in our May 2013 AGM Statement, will result in a strong year-on-year improvement in its profitability.
The Group's Half Year results will be released on 12 September 2013.
Contact: |
|
|
|
Restore plc |
|
Charles Skinner, Chief Executive |
07966 234 075 |
Adam Councell, Group Finance Director |
07860 402 434 |
|
|
Cenkos |
|
Nick Wells |
020 7397 8920 |
Adrian Hargrave |
020 7397 8922 |
|
|
FTI Consulting |
|
Nick Hasell |
020 7269 7291 |