StockMarketWire.com - Restore Plc said its 2016 trading has started satisfactorily.

Restore Records Management, the division's core business, is trading satisfactorily and integration of Wincanton Records Management, acquired in December 2015, is proceeding well.

"The recent management changes at Restore Scan have had a positive effect on the performance of the business and both Restore Scan and Restore Shred are trading in line with expectations," the company said in a statement.

"Harrow Green, Relocation's core business, is showing the expected improvement in margins and its performance is as anticipated. Overall, trading in the other business areas within the division continues to be satisfactory.

"Net debt has reduced significantly since 31 December 2015, principally due to the sale in March 2016 of Restore Document Management Ireland Limited, which held the Irish assets of Wincanton Records Management."






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