21 May 2015 07:00
21 May 2015
Safestyle UK PLC
("Safestyle" or the "Group")
AGM Statement
Steve Halbert, Chairman of Safestyle UK plc, the leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner replacement market, will make the following statement at today's Annual General meeting in respect of current trading.
"The Group's new financial year has begun positively and the Company is trading in line with management expectations. Order intake for the first four months of the year shows growth of 2.7% compared with very strong 2014 comparatives, which is encouraging.
"Our sales price increase introduced in January 2015 is helping to absorb the full year impact of cost increases, primarily related to glass prices as well as increased regulatory requirements. With positive momentum in our order intake, strong brand awareness as well as continued opportunities to increase our geographic penetration, the Board is confident that the Company will deliver growth in revenue and profit in 2015."
Enquiries:
Safestyle UK plc | Tel: 0203 727 1000 |
Steve Birmingham, Chief Executive Officer | |
Mike Robinson Chief Financial Officer | |
Zeus Capital (Nominated Adviser & Broker) | Tel: 0207 533 7727 |
Nick How / Ross Andrews | |
Dominic King (Institutional Sales) | |
FTI Consulting (Financial PR) | Tel: 0203 727 1000 |
Oliver Winters / Alex Beagley / James Styles | safestyle@fticonsulting.com |
About Safestyle UK plc
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.