Sanderson Design Group PLC (GB:SDG) has released an update.
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Sanderson Design Group PLC reported a mixed six-month financial performance with a 7% decline in constant currency brand product sales, though the North American market showed improvement. The company’s strategic focus on the US market led to a new distribution deal for its Scion brand, and despite challenging UK trading conditions, their balance sheet remains strong with net cash of £9.6 million. Full-year licensing revenue is projected to match the previous year, and the Group’s full-year financial expectations remain unchanged.
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