Why marketing specialist is up nearly 60% in a week

Retail marketing play provides bullish update on trading

Shopping centre marketing specialist SpaceandPeople (SAL:AIM) is up nearly 60% in a week to 37.9p. It has guided for
a £1m pre-tax profit in 2017 and a healthy net cash position of £1.25m.

The shares last September crashed after a dividend cut  and poor sales of its retail merchandising units. These are modules with shelving, signage, storage and an internet connection that allows retailers to sell products in shopping centres.

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