StoreData trading in line with management expectations

Retail fit-out specialist Styles & Wood yesterday issued an Interim Management Statement relating to the period from 1 July 2009 to 18 November 2009, saying (among other things) that its specialist collaboration business StoreData was trading “in line with management expectations”, adding:

“The retail fit out and refurbishment market place is starting to show some signs of stabilising but this is against a very difficult period in the first half of 2009. Overall our customers remain cautious with their investment programmes and we expect that this position will continue into 2010.”

Seems to confirm the view presented by most collaboration vendors of a difficult 2009, particularly in the first six months of the year.

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