19 May 2016 07:00
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19 May 2016
Safestyle UK PLC
("Safestyle" or the "Group")
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AGM Statement
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Steve Halbert, Chairman of Safestyle UK plc, the window and door replacement company, will make the following statement at today's Annual General Meeting in respect of current trading:
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"The Group's new financial year has begun very well. Order intake for the first four months of 2016 shows growth of 24% versus the same period last year and is ahead of management expectations. Our strong start to the year can be attributed to a number of factors, including a wider product range that represents excellent value, investment in our brand and the continued success of our market leading promotional finance.
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The comparators for the second half of the year will take into account the Group's enhanced promotional finance offer that was introduced in June 2015 and had a significant positive impact on trading in H2 2015. As a consequence, we expect the growth in order intake in H2 2016 to moderate from the current exceptional levels.
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The strong growth in our order intake to date makes the Board confident that the Group will deliver excellent results for 2016."
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Enquiries:
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Safestyle UK plc Steve Birmingham, Chief Executive Officer Mike Robinson, Chief Financial Officer  | via FTI Consulting |
Zeus Capital (Nominated Adviser & Joint Broker) Nick How / Dominic King  | Tel: 0203 829 5000 |
Liberum Capital Limited (Joint Broker) Neil Patel / Tom Fyson  | Tel: 0203 100 2100 |
FTI Consulting (Financial PR) Oliver Winters / Alex Beagley / James Styles  | Tel: 0203 727 1000 |
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About Safestyle UK plc
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The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.
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