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Sanderson eyes retail plan

Sales and marketing investment already paying off on enterprise side
Thursday 08 Dec 2016 Author: Steven Frazer
Smaller Companies

Enterprise IT solutions supplier Sanderson (SND:AIM) is hoping an investment push on its digital retail side will pay-off in the same way as earlier investment in its enterprise division.

Enterprise profit jumped nearly 40% year-on-year to £2.8m in the 12 months to 30 September after expansion spend over the past couple of years. Retail profit declined from £0.9m to £0.4m as the extra costs dragged on performance. The shares trade at 70.5p.

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08 Dec 2016

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