No sign of demand weakness for lighting group

Luceco says orders from its UK retail customers remain strong despite broader market issues
Thursday 14 Sep 2017 Author: Daniel Coatsworth

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.

‹ Previous2017-09-14Next ›

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

Advertising feature

Issue contents

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.