No sign of de­mand weak­ness for lighting group

Shares - - BIG NEWS -

LIGHTING MAN­U­FAC­TURER Luceco (LUCE) says it has not seen any signs of de­mand weak­ness de­spite many re­tail­ers warn­ing of a slow­down in con­sumer spend­ing. It says any re­duc­tion in end-user de­mand would start to show in its or­ders three months later. First half UK trad­ing was bet­ter than ex­pected, help­ing to off­set a tem­po­rary set­back in the Mid­dle East. It ex­pects to re­turn to growth in the lat­ter ter­ri­tory by year end. (DC)

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.