IN BRIEF: Sanderson Design says orders improve as tariff pressure ebbs

Sanderson Design Group PLC - London-based interior design and furnishings group - Reports that pressure on order intake from tariff announcements eases. ‘Order intake has improved so far in June compared with the same time last year,’ Chair Dianne Thompson will say at the firm’s annual general meeting. ‘Geographically, this improvement has been seen across the UK, USA and Northern Europe though we remain cautious given the pace of recent macro-economic events.’ Cost-saving moves at factories were implemented earlier this year. Thompson says Sanderson’s ‘manufacturing operations are on track to achieve around break-even for the current financial year’. ‘We continue to focus on identifying further cost-saving measures across the Group in view of the ongoing market uncertainty,’ the chair adds.

Current stock price: 50.00 pence, closed up 10% in London on Wednesday

12-month changed: down 51%

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