No sign of demand weakness for lighting group

Dan Coatsworth

Archived article

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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.

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