21st Jan 2014 10:04
LONDON (Alliance News) - UK office services provider Restore PLC Tuesday said that trading was in line with expectations in 2013, as its document management unit performed well even though demand for its scanning services remained subdued.
It said that the ore records management business benefited from an increased rate of new box intake towards the end of the year, while the shredding operations continued to grow "rapidly".
Restore said that its Office Relocation division performed in line with expectations in its seasonally-stronger second half of the year. It said that as expected, market conditions, particularly in the London office market, continued to improve.
"In 2013, we continued to grow our existing businesses while developing the newer businesses we have added through our expansion into complementary activities," said Chief Executive Officer Charles Skinner in a statement.
The group said that it intends to release its full year results on March 13.
Restore shares were trading 3.5% lower Tuesday morning, at 167.00 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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