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Orders up at Styles & Wood

14 Nov 11 New business for fit-out contractor Styles & Wood is running 12% ahead of last year, the company has disclosed.

Revenue and underlying profit before tax for the year ending 31 December 2011 are anticipated to be broadly in line with market expectations.

The company said that it “continues to have a strong balance sheet with positive cash balances and no bank debt”.

In an interim management statement, the company said: “Initial prospects for next year look encouraging with the opening order book for 2012 currently running in excess of 12% ahead of last year.”

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