Tapping into mobile growth

In the latest six month trading period to end March, Sanderson’s turnover increased by 20 per cent to £7.9m which was in part down to contributions from acquisitions. However, on an underlying basis, like-for-like revenue growth was robust enough at 4 per cent and an order book of £2.46m, up from £1.6m at the same stage last year, reflected strong order intake from both existing and new customers. Most of these orders are expected to be booked in the second half, thus offering reassurance that the company will hit analysts’ full year revenue estimates of £16m, up from £13.8m in the previous fiscal year.