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Restore plc issues trading update

July 23, 2018

The UK-based office services provider has published the half-year trading update for the six months ending the 30th June.

The first half of the year was “in line with management expectations,” the update announced, whilst its Document Management division, Restore Records Management, “traded steadily,” with high destruction and removal rates attributed to the new GDPR legislation.

Other subsidiaries were also positive, with the update declaring that Restore Digital “traded well,” the Relocation division “traded satisfactorily”, the IT recycling business was “continuing to perform well”, and Restore Datashred’s performance “improved strongly towards the end of the period,” again due to the arrival of GDPR.

Furthermore, TNT Business Solutions, the business and assets of which were acquired in April, “performed in line with management expectations.”

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