• Proposte2020 InteriorsMonthly 1080x300

  • TCS dec2019

  • AIS2019Interiors Monthly web banner

  • MODULEO 20191080x300px

  • IMM october2019

  • Breasley sept2019

  • Vifaexpo nov2019

  • CIFF dec2019

  • Orbital2019 Interiors Monthly

  • JFS sept2019

  • Interior Monthly MIFF 2020 web banner 480 x 200 px

  • Greenwood Retail December 2017
  • Fibreline encore july2019

  • 70212 001 AM Banner animiert ALLGEMEIN 480x200px

  • heimtextil oct2019

  • 55S Banner 21

ScS warns of lower orders

ScSNov19ScS has warned that orders have continued to fall, although the rate has slowed.

‘It is clear that the ongoing economic and political uncertainties are continuing to impact consumer confidence and spending. However, the board is pleased to report that the business is trading in line with our expectations,’ Alan Smith, ScS chairman will tell shareholders at its AGM.

‘In the 17 weeks ended 23 November 2019, the like-for-like order intake decreased 7.1% and the two year like-for-like order intake decreased 4.0%. This is an improvement on the like-for-like trading for the first nine weeks of the year [7.6% and 4% respectively] which we reported with our full year results.

‘The group continues to focus on delivering a value proposition with excellent customer service whilst increasing our resilience. This puts us in a strong position to take advantage of opportunities which will add value in the longer term once the economy and consumer confidence improve.’

Shares fell by 4% on the news.