Interior design and furnishings group Sanderson Design (SDG) has issued a “Half Year Trading Update” headlined “Some improvement in trading at the end of the six-month period. New agreement signed with Kravet Inc. for distribution of the Scion brand in the USA”. What of these and a share price currently edged up to 82.5p, giving a £59.2 million market cap?
Previously writing on interior design and furnishings group Sanderson Design (SDG), in February with the shares falling below 110p I noted a profit warning that dare not speak its name and that I was still highly cautious on the wider consumer backdrop and so avoid. So what of today a “Trading Update” and the shares currently approaching 20% further lower at 82.5p?
Interior furnishings group Sanderson Design (SDG) states that it “is pleased to announce its trading update for the financial year ended 31 January 2024”. So what of a current share price response to below 110p, down approaching 14%?








