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Restore Makes Good Start To 2018 Despite Lower Margins In Datashred

21st May 2018 12:06

LONDON (Alliance News) - Document management company Restore PLC said on Monday at its annual general meeting its expectations for 2018 remain unchanged with a satisfactory start to the year.

Restore Chairman Martin Towers said 2018 had started "satisfactorily" across the firm and hoped to deliver "another year of progress" in 2018.

However, the company noted that its shredding business - Restore Datashred - delivered lower operating margins in the first quarter than budgeted, with steps taken in the second quarter to restore them.

Despite this, the Document Management division, scanning business Restore Digital and office relocations business Restore Harrow Green all traded well so far in the year.

Shares in Restore were down 5.5% at 520.00 pence on Monday.


Related Shares:

Restore
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