Jelf off to a positive start in 2012

positive

Jelf has reported a "positive start to the year" in a trading update.

The broker said it was continuing to "trade in line with expectations" and added: "The group's focus remains on margin improvement and the group's net debt continues to reduce in line with management's expectations.

"Whilst the board remains cautious about the economic outlook, it continues to invest in future growth and consider additional investment opportunities."

Jelf will announce its results for the six months ended March 2012 on 8 May.

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