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Document storage services provider Restore says that 2011 has started well.
Group trading is in line with expectations. That is also true of the records management and office relocation business of Sargents, which was acquired last month. Cenkos forecasts that Restore will make a profit of £4.1m in 2011.
Harvey Samson has been appointed as finance director of Restore. He has been executive chairman of the company’s property restoration subsidiary Peter Cox.
At 52p a share, Restore is valued at £24m.
Download the April edition of AIM Journal at http://www.hubinvest.com/AIMPDFApril2011_19.pdf
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