AGM Statement

RNS Number : 8537N

Safestyle UK PLC

21 May 2015

 



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: [phone]
Steve Birmingham, Chief Executive Officer
Mike Robinson Chief Financial Officer
Zeus Capital (Nominated Adviser & Broker)	Tel: [phone]
Nick How / Ross Andrews
Dominic King (Institutional Sales)
FTI Consulting (Financial PR)	Tel: [phone]
Oliver Winters / Alex Beagley / James Styles	[e-mail]

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.

 

END

 

 

AGMEAASEAELSEAF