Corporate Express announced today a Q3 2007 trading update disclosing its estimated organic growth numbers for its North American and European activities.
Office Products North America is estimated to realise organic growth of a negative 1% in the third quarter versus a negative 3% in the second quarter and a negative 1% in the first quarter. Corporate Express has seen no change in market conditions compared to the second quarter, with the US office supplies market being in modest decline.
Office Products Europe is estimated to report organic growth of 7% in the third quarter versus 5% in the previous quarter continuing to take market share.
Full third quarter figures will be reported on Tuesday 6 November 2007.