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Safestyle Starts 2015 Well, Trading In Line With Market Expectations

21st May 2015 08:43

LONDON (Alliance News) - Windows and doors retailer Safestyle UK PLC on Thursday said 2015 has started well and said it is trading in line with market expectations.

In a statement issued ahead of its annual general meeting, Chairman Steve Halbert said order intake in the first four months of the year was up 2.7% year-on-year.

He added that the sales price increase the company introduced in January is helping to absorb the full-year impact of cost increases on glass prices and 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," Halbert added.

Shares in Safestyle were up 1.1% to 200.00 pence on Thursday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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