News

THE NEW FINANCIAL YEAR

The year 2009 has definitely been a challenging one for everyone in our sector so we were delighted to be able to announce a better than forcast profit at our year end in August. Our success is mainly down to the strength and breadth of our brand and product portfolio, a number of significant wins across all our operating businesses and the launch of a new sales channel - Soho Furniture. In addition we have managed our cost base to meet the challenges of the economic climate. I should also add that our strong management team also played an important role! In addition our continued investment in research and development has resulted in some excellent products that have helped drive sales such as iO and QTV.

The start of our new financial year finds us cautiously optimistic with a strong product offering, some evidence of market recovery and the delivery of a full year of revenue from our new contract wins.

By George Dexter, CEO