Published on: February 7, 2023
Steering a steady course in uncertain times
Sanderson Design Group (SDG) has delivered its full-year trading update to 31 January 2023. Group revenue held steady at £112.0m, with continued strength in performance from the Morris & Co brand, high-margin licensing and North America, offset by the group’s withdrawal from Russia and a small decline in manufacturing revenue against a tough comparator. In conjunction with robust cost control measures and judicious price increases, underlying profits are thus expected to be in line with Board expectations.