Summary
INTERACTIVE whiteboard maker RM Group has shrugged off fears that Government budget cuts will hamper its growth, as it announced a third successive year of record sales and profits. RM suffered a blow in the summer when the Government announced plans to scale back or cancel unfinished Building Schools for the Future (BSF) projects, including seven for which RM was the preferred bidder, worth pounds 200m.
The amount of business it has signed up for the future has fallen by 8% on a year earlier to pounds 385m, mainly as a result of the cut-backs.See the full content of this document
Extract
Education Firm Unworried Over School Cutbacks
But RM, which provides IT and software services such as interactive whiteboards and classro...
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