May 6, 2005 -- 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