Sanderson Design Group PLC (GB:SDG) has released an update.
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Sanderson Design Group PLC reported a challenging six months ending July 31, 2024, with a significant 11% drop in revenue to £50.5 million, attributed to tough market conditions in the UK and Europe. Despite these hurdles, the luxury interior design company saw notable growth in North America and continued to expand its licensing agreements, including a new collaboration with The Huntington museum. The company remains focused on strategic growth in North America and cost control to navigate the difficult trading environment.
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