Cello reports strong like-for-like growth in H1 2014

cello-logoCello in a trading update have said: “Trading for the first six months of 2014 will be well ahead of the same period in 2013 and the Board expects the Group to at least meet current full year market expectations.”

“Cello has experienced robust trading for the first six months to 30 June 2014. Like-for-like gross profit growth (which excludes the impact of acquisitions) has been in excess of 10% for the period. The Group has increased its investment in professional resource to service this high level of gross profit growth. Despite this increased investment overall Group operating margins have also grown slightly in the period.”

For the full press release click Cello

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