5th Jun 2015 12:33
LONDON (Alliance News) - Furniture and interiors services company Havelock Europa PLC on Friday said demand in the first half of 2015 has been subdued and said it has limited visibility on revenue for the second half of the year.
Havelock said demand in the retail and financial services sectors has been subdued in the first half, though this has been partially offset by better performances in education and its international business.
Forward visibility for the second half of the year remains limited, Havelock said, particularly in the retail sector, meaning it will be difficult to predict an outcome for the full year.
But the group reiterated that it is working to remedy the reliance it has on its second-half results.
Shares in Havelock were up 2.6% to 17.95 pence on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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