Epwin Grp Share News (EPWN)

(Alliance News) - Epwin Group PLC shares were climbing on Thursday after it said trading continues to meet expectations, and "medium to long-term drivers" remain positive.

The report came through the written copy of Chair Stephen Harrison's statement, to be made at Epwin's annual general meeting that day.

In response, Epwin's stock rose to trade 2.7% higher at 94.50 pence in London on Friday morning.

Harrison said that current trading for the building products manufacturer remains in line with board expectations, with revenue increasing 8% on an annual basis during 2025 to date.

"Despite ongoing economic and fiscal headwinds, the board remains confident in delivering underlying operating profit for the year in line with its expectations, while continuing to make further strategic and operational progress," Harrison added.

Furthermore, he said that "medium to long-term drivers...remain positive" for the Solihull, England-based company's end markets.

"The UK continues to face a shortage of new and affordable homes, with the government committed to increasing housing supply," Harrison explained. "At the same time, UK housing stock is ageing, poorly maintained and underinvested, alongside growing concern about the quality of social housing and private rental properties.

"Net zero is driving the need to decarbonise the UK housing stock and improve the energy efficiency of homes, with the group well-positioned to support actions being undertaken to address these issues through its product offering."

He also stated that Epwin's ongoing share buyback programme has returned GBP9.3 million since November 2023, noting the firm's "strong cash generation and robust financial position".

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.