Positive outlook confirmed by latest SDEA survey

The half-yearly survey from the Shop and Display Equipment Association reveals that there is tangible evidence of a positive upwards climb within the retail display industry.

 

The survey found that 57 per cent of respondents benefited from an increase in sales during the second half of 2013 compared with the first half of the year, while a further 24 per cent registered similar results.

 

Many shopfitting and display companies expect to do more business in the second half of the year, so the survey also compared sales with the same period the previous year.  These figures too were encouraging with 43 per cent of respondents reporting increased sales year on year and a further 33 per cent indicating no change.  The average increase reported was 18.6 per cent.

 

The future too looks promising.  Over 50 per cent of respondents expect sales to increase during the next six months and the figure rises to 76 per cent for the long range, 12 month forecast.

 

Other indicators, such as employment, also suggest high levels of confidence.  19 per cent of respondents had taken on additional employees during the last six months and some 52 per cent said they expected to take on more staff over the next six months.

 

“There has been a real turn around with genuine growth of 26 per cent compared with our last six monthly survey and 18 per cent growth year on year”, said SDEA Director Lawrence Cutler.  “Overall, these figures reveal a degree of business confidence not witnessed in the UK shopfittings and display industry for several years”.

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