Office furniture market - VERCO makes further gains

Office furniture manufacturer VERCO has reported a 21% increase in year-on-year sales turnover for 2004.

The results, which buck the trend in an otherwise stagnant UK market, measure the company’s continued return to form.

VERCO Office Furniture Ltd employs 140 people at its wholly-owned 10-acre site in High Wycombe. The company reported a 17% increase in sales in 2003, a year in which total UK sales represented a year-on-year decline of the same percentage.

“We have had very encouraging results in a tough market,” says sales and marketing director Chris Riley, who anticipates further sales growth and market share gains.

“Feedback from our dealer base reflects some improved performance and turnover from the furniture market this year. We are also experiencing increased interest from public and private sector end users coupled to raised demand for office space.

Chris Riley adds:

“Thanks to continued investment in product development and plant, we are well positioned to take advantage of any upturn in the market.”

VERCO is rolling out new brands in seating and desking this year; three new ranges are being launched at the first Design Prima show (London; May 17th to 19th).

VERCO is showing on Stand G27.

www.verco.co.uk
www.designprima.com

ends


Issued on behalf of VERCO Office Furniture Ltd
by pmpr BUSINESS COMMUNICATIONS

Media contact: Peter Muir tel + 44 (0) 1296 715228
fax + 44 (0)1296 715486
email verconews@pmpr.co.uk


Sales contact: Chris Riley tel + 44 (0) 1494 448000
fax + 44 (0)1494 464216
email chrisriley@verco.co.uk


Editor Note:

Founded by the Vere family in 1912 and remaining in family ownership today, VERCO Office Furniture operates a wholly-owned 440,000 sq ft manufacturing facility in High Wycombe, UK, where its makes a diverse selection of seating, desking and storage designs for all types of modern workplace environment.

Move information at www.pmpr.co.uk/verco.htm and www.verco.co.uk