Safestyle UK plc Settlement of Litigation with NIAMAC
Safestyle UK PLC (LON:SFE) today announced the settlement of its claims against NIAMAC Developments Ltd (trading as SafeGlaze UK) for alleged trade mark infringement, passing off, misuse of confidential information, malicious falsehood and various other matters. As a result of interim applications to the court, a series of injunctions were put in place in May […]
Safestyle UK plc Appoint Alan Lovell as Non-Executive Chairman
Safestyle UK plc (LON:SFE), the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, has today announced the appointment of Alan Lovell as Non-Executive Chairman, effective immediately. Alan has held numerous listed company directorships, both executive and, more recently, non-executive. He has been the Non-Executive Chairman of Flowgroup plc […]
Safestyle UK plc Trading update – Zeus Capital Comment
The new Safestyle UK plc (LON:SFE) management team has been in situ for eight weeks and post a thorough review of the business has released a trading update. Whilst trading in H1 has broadly been in line with previous expectations the new team has taken a more prudent view on recovery in H2 18. This […]
Safestyle UK plc Appointment of new CEO
Safestyle UK plc (LON:SFE) has announced the appointment of Mike Gallacher as Group CEO. Gallacher will be appointed to the Safestyle board today in line with succession plans that have been underway for some time. He takes over from incumbent CEO Steve Birmingham who will stay on as an Executive Director for the remainder of […]
Safestyle UK PLC Q&A with Zeus Capital (LON:SFE)
Safestyle UK PLC (LON:SFE) is the topic of conversation when Zeus Capital’s Research Analyst Rachel Birkett caught up with DirectorsTalk for an exclusive interview Q1: Safestyle UK announced their full year results today, can you give us a summary of those results please? A1: Overall, performance for 2017 is line with our expectations, we’ve […]
INTERVIEW: Safestyle UK Plc Well positioned – Zeus Capital
Safestyle UK Plc (LON:SFE) is the topic of conversation when Rachel Birkett Research Analyst at Zeus Capital talks to DirectorsTalk about FY17 results. Rachel talks us through the highlights, explains the key developments and the outlook for 2018. Safestyle UK Plc is the leading retailer and manufacturer of PVCu replacement windows and doors to the […]
Safestyle UK plc Full Year Results – Zeus Capital Comments
Safestyle UK plc (LON:SFE) has announced results for the year ended 31 December 2017. Performance for FY17 is in line with our forecasts with revenue and adjusted PBT down 0.6% and 26.6% respectively. This decline reflects a weaker market backdrop, with FENSA data showing a 9% decline in installations YOY, as well as increased competitive […]
Safestyle UK plc Trading update – Zeus Capital Notes
Safestyle UK Plc (LON:SFE) has announced a trading update this morning warning of increased competitive pressures that have impacted order intake and are expected to result in a 9.5% reduction to FY18 revenues. The actions of an aggressive new market entrant have led to a decline in the Group’s canvassing salesforce in certain regions of […]
Safestyle UK plc Shares offer an attractive 6.1% dividend yield – Zeus
Safestyle UK Plc (LON:SFE) has released interim results for the six months ended 30 June. Revenue of £82.5m is +1.4% YoY (HY16 restated: £81.4m) however an increase in costs driven by investment in lead acquisition, the move to a new facility and additional IT investment has resulted in a 15.1% decline in underlying PBT to […]
Safestyle UK plc Taking share in a challenging market
Safestyle UK plc (LON:SFE) trading statement today confirms the difficult market conditions commented on at the Group’s AGM statement in May, with FENSA data showing market volume decline of more than 10% in the first five months of the year. Despite this backdrop, Safestyle has continued to grow its order intake, up 2% YOY, an […]
Safestyle UK plc Another record performance in FY16 underpins Zeus Capital estimates
Safestyle UK plc (LON:SFE) pre-close trading statement in January had already stated that the FY16 revenue outcome was a record £163.1m (FY15: £148.9m) and indicated that profitability was in line with consensus expectations of £20.4m. The actual outcome of £20.5m is c. 2% ahead of ZC estimate of £20.2m. Organic FY16 revenue and profit growth […]
Safestyle UK plc Another good year – Zeus Capital
Safestyle UK plc (LON:SFE), the leading UK-focused retailer and manufacturer of PVCu windows and doors for the homeowner market, has today provided a trading update for the year ended 31 December 2016. The Company has continued to trade well, with revenue for the year increasing 9.8% to approximately £163.5 million (2015: £148.9 million). In addition, […]