Thursday, February 25, 2021

ScS reports steady order growth ahead of interim results

ScS has released a trading update reporting like-for-like growth in order intake and stated that it expects to expand market share amid a highly competitive market.

In the 26 weeks to January 28, like-for-like order intake rose by 2.7 per cent, adding that on a two-year time scale this has risen by 12.5 per cent.

READ MORE: ScS return to profits after a £1.7 million loss

“We remain mindful that the group still faces the key Easter and May bank holiday trading periods and faces very strong comparatives during the remainder of the year,” a spokesperson said.

“The board believes the business remains in a strong position to maximise opportunities as they arise and to grow market share.”

The sofa and carpet retailer, which now trades in 100 locations as well as 28 concessions in House of Fraser, will release its interim results in March.

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