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Pin to quick picksSafestyle Uk Regulatory News (SFE)

Share Price Information for Safestyle Uk (SFE)

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Share Price: 18.75
Bid: 19.00
Ask: 19.30
Change: 0.00 (0.00%)
Spread: 0.30 (1.58%)
Open: 18.75
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Low: 18.55
Yest. Close: 18.75
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AGM Statement

Thu, 19th May 2016 07:00

RNS Number : 6648Y
Safestyle UK PLC
19 May 2016

19 May 2016

Safestyle UK PLC

("Safestyle" or the "Group")

AGM Statement

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:

"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.

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.

The strong growth in our order intake to date makes the Board confident that the Group will deliver excellent results for 2016."


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

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.

This information is provided by RNS
The company news service from the London Stock Exchange
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