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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Sedus improves margins

Wednesday 19 November 2014

Sedus is making good progress in the current year’s trading. The German office furniture manufacturer won orders worth 1m euros at Orgatec with a special fair offer, and expectations for the last quarter of this year are cautiously optimistic.

During Orgatec showed Sedus office solutions with a focus on "communication" in the form of meeting and bench furniture. The company also presented re-launches of classic office lines. According to Sedus, they had over 3300 visitors during the show, around 6% higher than two years ago. According to CEO Holger Jahnke, the company’s international standing is very high and there are several applications for US producers to be able to produce the Sedus program license. Employers are investing less and less in standard office furniture, but more in lounge, team and meeting solutions "

Orders for the first three quarters were 4.4% higher than last year at approximately 117 million euros. Sales in the first three quarters is slightly behind last year, down by 3.2% to 115 million euros. Reported Jahnke: "Despite the continued strong price pressure in the office furniture market, we have improved margins compared to last year. In addition, the reorganization measures started in 2013 are paying off so our costs are lower. Both factors are compared to last year due to significantly improved results compared to last year "

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