For over 20 years, Safestyle has been producing high-quality, affordable double-glazed windows and doors for homes across Britain. Having started with capital of just £2,000 in 1992, a passion for double glazing and a commitment to delivering quality windows and doors and first-rate service has seen us go from strength to strength; we are now an industry leader with 29 branches and 10 installation depots across England and Wales, and install windows and doors worth over £100 million on domestic properties each year.

http://www.safestyle-windows.co.uk/

First Day of Dealings

RNS


RNS Number : 2103V

Safestyle UK PLC

11 December 2013






11 December 2013



Safestyle UK plc



("Safestyle", the "Group", or the "Company")



First Day of Dealings



Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, is pleased to announce that Admission and dealings in its Ordinary Shares commence at 08:00am today on the AIM market of the London Stock Exchange. Following Admission, dealings will commence under the TIDM identifier SFE.



Summary



· Safestyle has placed through a Vendor Placing, a total of 70m ordinary shares with institutional investors at a Placing Price of £1 per share.



· The market capitalisation of Safestyle on Admission at the Placing Price is £77.7m



· The number of Ordinary Shares in issue on Admission is 77,777,777



· The management team, led by Stephen Birmingham, who has been with the Company since 1999 and Managing Director since 2007 subsequently becoming the Chief Executive Officer, is continuing with their strategy, first implemented in 2008, of focusing only on the UK homeowner replacement PVCu window and door market in England and Wales.



· This focused strategy has allowed the Company to increase its market share nationally from 4.4 per cent in 2007 to 7.5 per cent in 2012.



Stephen Birmingham, Chief Executive Officer, said: "We have been delighted with the response in our over-subscribed placing and are very pleased to welcome our new investors. The Company has experienced strong growth in a difficult market, driven by the outstanding quality of our product, the focus on executing our strategy and the dedication of our staff.



"As economic conditions continue to improve and as we increase our geographical presence into the South of England we feel confident in a bright and successful future as a PLC."








Do not like the company adverts.




Simon T of IC today -Offering a forward yield of 6 per cent, and trading on only 9.2 times earnings for 2014 based on Edison's conservative looking forecasts, Safestyle shares rate a buy on a bid offer spread of 132p to 135p. My earnings driven target price is 200p which if achieved offers almost 50 per cent share price upside.
The net result is that the company’s profits and cashflow have been rising strongly. On an underlying basis, pre-tax profits increased from £7m on revenues of £98.6m in 2011 to £9.5m and £110m last year. Analyst Toby Thorrington at research house Edison predicts a further rise to £14.5m and £124.6m, respectively, in 2013. On this basis, EPS are set to soar by over half from 9.1p in 2012 to 13.9p when the company reports its fiscal 2013 results in March. This means that the shares are trading on less than 10 times earnings.

Strong buying.

Nice and steady rise

Interesting - thanks DC.

Happy Christmas and new year skinny.

A lot of interest today, strong demand.

Simon T of IC -
It’s clearly worth noting that the founder of Safestyle sold out his 90 per cent holding of 70m shares to institutions at the time of the Aim flotation. According to announcements made to the London Stock Exchange, seven institutions have so far declared holdings totalling 34.5m shares, or 44.2 per cent of the issued share capital. These include Investec, Henderson Global Investors, AXA and Schroders. In other words these are long-term investors. I have also complied a table with all the major holders including management: chief executive Stephen Birmingham and sales director Kiran Misra both hold 5 per cent stakes in the company.
True, institutions were able to buy the shares at 100p in the placing and the market price is currently 135p, having fluctuated in the range between 130p and 140p in the past week since the listing last week. But with long-term holders on board, and 90 per cent of the share capital in the hands of only 17 parties includign directors, this means that Safestyle’s shares could absolutely fly on any positive news. And with the company set to announce a 50 per cent plus increase in underlying profits in its full-year results in March, and a bumper payout for shareholders, then we do not have long to wait to benefit from the catalyst to narrow the valuation anomaly with peers

Holding(s) in Company +5%

http://www.moneyam.com/action/news/showArticle?id=4732148

FORECASTS

2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Edison
11-12-13 None 14.50 13.90 5.00 15.00 14.40 8.00

2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 14.50 13.90 5.00 15.00 14.40 8.00
1 Month Change 0.00 0.00 0.00 0.00 0.00 0.00
3 Month Change 0.00 0.00 0.00 0.00 0.00 0.00

GROWTH
2012 (A) 2013 (E) 2014 (E)
norm. EPS 49.89% 54.75% 3.60%
DPS % % 60.00%

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £10.37m £15.50m £16.20m
EBIT £9.51m £m £m
Dividend Yield 0.00% 3.42% 5.48%
Dividend Cover x 2.78x 1.80x
PER 16.26x 10.50x 10.14x
PEG 0.33f 0.19f 2.82f
Net Asset Value PS 2.74p p p


A forward P/E of just over 10 whilst all other building related companys are on very high multiples looks very tempting.

Steady rise up.

P/E just over 10.

All other firms associated with building boom P/E 20 plus.

Derd cheap and plenty I mean plenty to go.

Up over 6% on the day.

Ive been pushing on Twitter but its been tough. Company as a low BETA.

Good day

up 13%

Loads errr money. My followers on Twitter have helped. Loads errr money.

he he he LOL.

loads errr money.

Year End Trading Update

RNS


RNS Number : 5231Y

Safestyle UK PLC

27 January 2014




27 January 2014







Safestyle UK plc



("Safestyle", the "Group", or the "Company")



Year End Trading Update



Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, is today providing a trading update for the year ended 31 December 2013.



Revenue for the year was in excess of £124 million, in line with management's expectations, an increase of over 12% on the previous year (2012: £110 million). Profits for the year are also expected to be in line with management's expectations. The Company has continued to increase its market share during the year to 7.85% (2012: 7.49%) and was pleased to note that the overall market grew by 4.5%, according to FENSA, its first year of growth since 2007.



Manufacturing increased during the year with 250,185 frames produced during the period (2012: 232,687 frames) whilst the number of installations increased by 9.4 % to 55,112 (2012: 50,357).



The order book at the year end was strong and order intake in the first 3 weeks of 2014 has got off to a positive start exceeding management expectations.



The Company will announce its audited results for the year ended 31 December 2013 on 31st March 2014.

Simon T of IC today - What this also means is that if Safestyle continues to grow as I expect, then the valuation gap with peers has ample scope to narrow as investors recognise its improving earnings growth rates. And on a forward PE ratio of 11, the discount to peers is still wide enough to warrant maintaining a buy recommendation on the shares.

In the circumstances, I have no hesitation reiterating my 200p target price ahead of the full-year results at the end of next month. Strong buy.

On the verge of a break up...........

Finals Mon 31 March

Audited Final Results 2013

Operational Highlights

· Leads generated from media and internet marketing grown by 17% to 47,660 (2012: 40,858)

· Volume of frames installed increased by 7.5% to 250,185 (2012: 232,687)

· Average unit sales price up 5.5% to £496 (2012: £470)

· Growth in market share to 7.85% at 31 December 2013 from 7.49% at prior year end - 9th consecutive year of market share growth

· Successful placing at IPO in December 2013



http://www.moneyam.com/action/news/showArticle?id=4782316

Safestyle UK PLC (SFE:LSE) set a new high during today's trading session when it reached 199.75. Since the IPO on Dec 11, 2013, the share price is up 39.13%.

31 Mar Liberum Capital 267.00 Buy

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

RNS


RNS Number : 4723E

Safestyle UK PLC

09 April 2014


HARGREAVE HALE LIMITED Over 5%

Nice page in Shares and a buy.

AGM Statement

RNS


RNS Number : 7377H

Safestyle UK PLC

22 May 2014






22 May 2014

Safestyle UK plc



("Safestyle", the "Group", or the "Company")



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 well. Order intake and trading profits for the first quarter were ahead of both the corresponding period last year and of management's expectations. Second quarter trading to date has also been good, with increasing conversions leading to a satisfactory net order intake and a record order book.



"The Board is confident that the Company will show good progress in its first half results, for the period to 30 June 2014."





ends

Safestyle: N+1 Singer initiates with a target price of 250p and a buy recommendation.

Half Year Trading Update

RNS


RNS Number : 4151M

Safestyle UK PLC

16 July 2014






16 July 2014

Safestyle UK plc

Half Year Trading Update



Safestyle UK plc, (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner replacement market, today issues a trading update for the six month period ended 30 June 2014, in advance of its Half Year results announcement on 18 September 2014.



Revenue for the first half of 2014 is expected to be £68.3 million, an increase of 8.9% on the previous year (2013: £62.7 million). Profit growth for the six months is expected to show good progress, reflecting the Company's underlying strong trading performance and improved margins.



Safestyle's market grew by just over 4% in the six month period. Following a strong first quarter, as anticipated the rate of growth slowed in the second quarter. Against this background, the Company continued to increase its market share in the period to 8.24% (7.85% as at 31 December 2013 for the preceding 12 months) according to FENSA data. The directors remain comfortable with current market expectations for the full year.

Director/PDMR Shareholding

RNS


RNS Number : 7268Y

Safestyle UK PLC

03 December 2014




Safestyle UK plc



("Safestyle", the "Group", or the "Company")



Director Dealing



Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, has been informed today that on 2 December 2014 Mr. Christopher Davies, Director of Safestyle, purchased 12,500 Ordinary Shares at a price of £1.78 pence per share.



His wife, Mrs Carol Davies also purchased 7,500 Ordinary Shares at a price of £1.78 pence per share.



Following this transaction they will have a beneficial interest in 120,000 shares in the Company, representing 0.15% of the total issued share capital.

Director Dealing
RNS
RNS Number : 0702C
Safestyle UK PLC
13 January 2015



13 January 2015



Safestyle UK plc



("Safestyle", the "Group", or the "Company")



Director Dealing



Safestyle, the largest retailer and manufacturer of PVCu windows and doors for the UK homeowner replacement market, has today been informed of the following dealings in the Company's shares:



12 January 2015



Mr. Christopher Davies, Director of Safestyle, purchased 8,500 shares at a price of 171 pence per share.



His wife, Mrs Carol Davies also purchased 6,500 Ordinary Shares at a price of 166 pence per share.



13 January 2015



Mr. Christopher Davies, purchased a further 10,000 Ordinary Shares at a price of 168 pence per share.



Following this transaction they will have a beneficial interest in 145,000 shares in the Company, representing 0.19% of the total issued share capital.

Year End Trading Update
RNS
RNS Number : 0382D
Safestyle UK PLC
26 January 2015





26 January 2015



Safestyle UK plc



("Safestyle" or the "Company")



Year End Trading Update



Safestyle UK plc (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu windows and doors for the homeowner replacement market, is pleased to provide a trading update for the year ended 31 December 2014.



The Company has continued to trade well, with revenue for the year increasing 9.0 per cent to approximately £136.0 million (2013: £124.8 million). In addition, profit before tax has shown good progress and is anticipated to be in line with consensus market expectations*.



The Company has continued to increase market share from 7.85 per cent as at 31 December 2013 to 8.48 per cent as at 31 December 2014, according to FENSA data, which shows a small contraction in the overall market in 2014. However, our growth is also reflected in the increase in frames manufactured during the year, up 7.0 per cent to 267,642 (2013: 250,185 frames), whilst the number of installations increased 4.7 per cent to 57,682 (2013: 55,112). The order book at the year end was 3% up on last year.



Cash flow has continued to be strong and we ended the year with cash of £8.5million, compared with £5.2million at 31 December 2013, having paid dividends of £6.7million in H2 2014.



The Company will announce its audited results for the year ended 31 December 2014 on

26 March 2014.



Steve Birmingham, CEO of Safestyle UK, commented:"Trading in our first full financial year as a quoted company has been strong. The results for the year, with growth in revenue, profit and market share, has largely been driven by our marketing strategy where we have successfully developed a more sophisticated multi-channel approach to connect with our current and potential customers, reflecting changing buying habits. We continue to focus on the South of England as a key driver of growth. Looking forward we are confident that we can continue to outperform the market in 2015."





Note: *: Consensus market expectation for FY2014 profit before tax is £16.7million (before share based payments) (2013: £15.0 million before AIM admission costs and historic tax settlement).

ST of IC today - Shares in Aim-traded Safestyle



(SFE: 165p) are down slightly cent since I last updated the investment case (‘Exploit an open buying opportunity’, 22 September 2014), even though the company has delivered on analyst earnings estimates. A pre-close trading update ahead of results on 26 March 2015 confirmed that adjusted pre-tax profits are set to grow from £15m in fiscal 2013 to £16.7m last year. On this basis, expect EPS of around 15.3p to 16p, up from 13.6p in 2013. And with cash generation strong – the company ended the year with net cash of £8.5m, up £3.3m on 12 months earlier despite paying out dividends of £6.7m to shareholders in the second half of 2014 – then expect a full-year payout of around 9.3p a share. This means Safestyle’s shares are currently valued on a modest 10 times earnings and offer a dividend yield of 5.6 per cent.

Based on a rise in revenue from £135m to £143m in the current financial year, analyst Matthew McEachran at broking house N+1 Singer predicts that Safestyle should be able to lift pre-tax profits to £18.1m and deliver EPS of 16.7p. That’s below consensus EPS of 18p, but there should be scope for upgrades. Mr McEachran notes that “the risk is to the upside” and I would agree as Safestyle continues to grow market share – up from 7.85 per cent to 8.48 per cent in 2014 – but N+1 Singer are conservatively only factoring in a further 10 basis points increase in market share this year. Moreover, uPVC input prices will have benefited from the sharp fall in the oil price which will benefit gross margins. Safestyle also increased unit prices last month, and it’s reasonable to expect these to hold in an increasingly favourable environment for consumer spending.

Investors also seem to be missing the point that with cash generation robust, there is scope for Safetsyle to announce a special dividend. In fact, analyst Adam Smith at brokerage Charles Stanley believes that “looking further ahead we believe there is the potential for a special dividend of between 10p-15p a share without putting undue pressure on the balance sheet”. Mr McEachran at N+1 Singer notes that with “cash generation strong at the very least a higher payout will be needed to return surplus cash”.

In the circumstances, I feel that N+1 Singer’s forecast for a raised payout of 9.6p a share this year could prove too conservative especially as the £7.5m cash cost of the payout represents only 40 per cent of forecast operating cashflow of £18.9m. By my calculations, by the end of this year the company’s net cash pile could easily rise to £15m, or 19p a share, giving the board the opportunity to raise the normal payout or declare a special dividend. Director Christopher Davies and his wife Carol are clearly upbeat on Safestyle’s prospects, having purchased 45,000 shares at a cost of £77,690 at prices between 166p to 178p in the past couple of months. I am too and remain a buyer of the shares on a bid-offer spread of 163p to 165p ahead of next month’s full-year results.

Final results


Operational Highlights

· Leads generated from media and internet marketing grown by 10.9% to 52,842 (2013: 47,660)

· A record 57,682 installations with volume of frames installed increased by 7.0% to 267,642 (2013: 250,185)

· Average unit sales price up 1.6% to £504 (2013: £496)

· Average order value up 3.8% to £2,806 (2013: £2,704)

· Growth in market share to 8.48% at 31 December 2014 from 7.85% at prior year end

· 10th consecutive year of market share growth
//////////////////////////////////////////////////////////////////////////////////////////////////


26 Mar N+1 Singer 230.00 Buy

ST of IC today - My fair value target price of 230p is the equivalent of 12 times fiscal 2015 earnings estimates, adjusted for a year-end projected cash pile of £17.2m, worth 22p a share.

AGM Statement
RNS
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."

ST of IC today - I certainly would not rule out upgrades when Safestyle reports its half-year results in September.

Other investors are clearly thinking the same way, which explains why Safestyle's shares are on the verge of taking out the all-time high around 220p, a price level that capped progress in April last year and has acted as a glass ceiling this month. A break-out above this price point into blue sky territory would be significant and could see the share price easily rally through my 230p target price. With the 14-day relative strength indicator (RSI) in the mid-60s, then the current reading is well off the 80 overbought level, which marked the share price top in April last year.

Half Year Trading Update
RNS
RNS Number : 1824T
Safestyle UK PLC
16 July 2015



16 July 2015

Safestyle UK plc



("Safestyle" or the "Company")



Half Year Trading Update



Safestyle UK plc (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu windows and doors for the homeowner replacement market, today issues a trading update for the six months ended 30 June 2015, in advance of its half year results announcement scheduled for Thursday 17 September 2015.



The Company has continued to trade well, with revenue for the first half of the year expected to be £74.0 million, an increase of 6.8% on the previous year (H1 2014: £69.2 million). This is pleasing progress against a particularly strong Q1 2014, reflecting further growth in market share and the price increases introduced in January 2015. We expect a continuing strong sales performance in the second half of the year and remain confident of achieving full year results in line with board expectations.



Recent order intake has been encouraging. Order intake grew by 7.1% in the first half of the year, compared with FENSA statistics (which relate to orders fitted) which show that the market contracted in the same period by 10.1%. This reported contraction is surprising and one which we will continue to monitor carefully. As a result, the Company's market share stands at a record 9.5% for the first half of the year.



Cash flow has continued to be strong and we had net cash of £14.9 million at 30 June 2015 (30 June 2014: £10.8m).



We are pleased with progress in the first half and our growth in order intake has been reinforced with our recently launched low cost, long term and promotional finance propositions. Early evidence from our conservatory refurbishment launch on 1 April 2015 is encouraging and we will be able to provide a further update at the Company's half year results in September.



Steve Birmingham, CEO of Safestyle UK, commented:



"Trading in the first half has been good, showing growth against a very robust comparable period in 2014, especially the first quarter. With our strong order intake and growth in market share, we are well placed to continue our recent progress and we look forward to the second half with confidence."



-Ends-

Director Dealing
RNS
RNS Number : 4282T
Safestyle UK PLC
17 July 2015



Safestyle UK plc



("Safestyle", the "Group", or the "Company")



Director Dealing



Safestyle UK plc (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu windows and doors for the homeowner replacement market, has today been informed of the following dealings in the Company's shares:

Mr. Stephen Birmingham, Chief Executive Officer of Safestyle, today purchased 5,000 shares at a price of 236.225 pence per share.

Following this transaction Stephen will have an interest in 3,893,889 shares in the Company, representing 5% of the total issued share capital.

Safestyle UK featured in our weekly round-up of announcements from AIM, see more at http://www.investorschampion.com/blog/

ST of IC today -

Catalyst for a re-rating

In my opinion, the next leg up in the share price is likely to be driven by the half year results on Thursday, 17 September and not only because of the ongoing strong operational performance. I would not be surprised at all to see the company return more of its growing cash pile back to shareholders too

Safestyle UK PLC (SFE:LSE) set a new 52-week high during today's trading session when it reached 250.00. Over this period, the share price is up 40.25%.

Interim results

01 Oct 2015 Safestyle UK PLC (3.4 P) Ex dividend

ST of IC today - Add to that the scope for further earnings upgrades given the easy comparables in the fourth quarter this year and my advice is to run your bumper profits with Safestyle’s shares trading on a bid-offer spread of 253p to 255p.

2 Nov Liberum Capital 280.00 Buy

Director Deals - Safestyle UK PLC (SFE)
BFN
Stephen Birmingham, Chief Executive Officer, bought 40,000 shares in the company on the 9th November 2015 at a price of 218.20p. The Director now holds 3,933,889 shares.

Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com

9 Dec Liberum Capital 280.00 Buy

Safestyle UK PLC (SFE:LSE) set a new 52-week high during today's trading session when it reached 275.00. Over this period, the share price is up 62.20%.

ST of IC today - Furthermore, I wouldn’t discount the possibility of Safestyle posting an earnings beat in a few weeks time given the weak comparatives and conservative analysts’ estimates. I wouldn’t rule out either an earnings accretive share buy-back programme, tender offer or even a special dividend to shareholders as the company could easily pay out half its current pile. My advice is simple: run your bumper profits.

Year End Trading Update
RNS
RNS Number : 7958M
Safestyle UK PLC
25 January 2016

25 January 2016



Safestyle UK plc



("Safestyle" or the "Company")



Year End Trading Update



Safestyle UK plc (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu windows and doors for the homeowner replacement market, is pleased to provide a trading update for the year ended 31 December 2015.



The Company has continued to trade well, with revenue for the year increasing 9.5% to approximately £148.9 million (2014: £136.0 million). In addition, profit before tax has shown good progress and is anticipated to be in line with consensus market expectations¹. The expected strong performance in the second half saw double digit growth in both sales and profit.



Against the backdrop of a weaker market in 2015, the successful rollout of our enhanced consumer finance offer helped to drive growth in the year, particularly in the second half. As expected, operating margins will show some decline in the second half as a result of the additional subsidy costs related to this offer. The Company has continued to increase market share from 8.48% as at 31 December 2014 to 9.46%2 as at 31 December 2015, according to FENSA data. That data shows an overall market contraction for 2015 of 6.6%.



Our growth is also reflected in the increase in frames manufactured during the year, up 4.4% to 279,453 (2014: 267,642 frames), whilst the number of installations increased 4.3% to 60,134 (2014: 57,682). The order book at the year-end was 1.2% up on prior year.



Cash flow has continued to be strong and we ended the year with cash of £16.5 million (31 December 2014: £8.5million).



The Company intends to announce its audited results for the year ended 31 December 2015 on 17 March 2016.



Steve Birmingham, CEO of Safestyle UK, commented: "I am pleased to report that trading over the year has been robust. We have continued to heavily outperform the market, thanks to the quality of our product range, the attractiveness of our finance offer and the effectiveness of our sales and marketing efforts. We have seen a strong start to 2016 and are confident of building on the progress made in 2015."





¹.Consensus market expectations for FY2015 profit before tax is £17.6 million (2014: £16.4 million) after charging share based payments of £0.4 million (2014: £0.4 million)

2.Based on revised FENSA installations Safestyle's amended market share for H1 was 9.38%







-Ends

25 Jan Liberum Capital 280.00 Buy
15 Jan Liberum Capital 280.00 Buy

ST of IC - Trading on 12.5 times earnings estimates for 2016 after stripping out net funds on the balance sheet, and with the risk to earnings to the upside, I see no reason to change my positive stance on the shares. A 4.2 per cent prospective dividend yield is supportive too. In fact, analysts believe there is potential for the company to make a substantial return of its surplus capital in addition to the generous dividend, news of which could be forthcoming alongside the full-year results on Thursday, 17 March 2016. In the circumstances, I would advise that you continue to run your healthy 83 per cent paper profits on this holding.

Final results

Board proposing payment of two dividends:

· Recommended final dividend of 6.8p (2014: 6.2p) per share giving a total ordinary dividend for the year of 10.2p per share

· Special dividend of 6.8p per share



Operational Highlights

· A record 60,134 installations with volume of frames installed increased by 4.4% to 279,453 (2014: 267,642)

· Average unit sales price up 5.4% to £531 (2014: £504)

· Average order value up 5.6% to £2,963 (2014: £2,806)

· Growth in market share to 9.46% at 31 December 2015 from 8.48% at prior year end

· Leads generated from media and internet marketing grown by 13.5% to 59,965 (2014: 52,842)

· 11th consecutive year of market share growth

Broker Forecast - Liberum Capital issues a broker note on Safestyle UK PLC
Liberum Capital today reaffirms its buy investment rating on Safestyle UK PLC (LON:SFE) and raised its price target to 310p (from 280p). Story provided by StockMarketWire.com

ST of IC - Trading on a cash-adjusted PE ratio of 13 for the current financial year, and offering a prospective dividend yield of 4 per cent, my advice is clear cut: run your healthy profits.

AGM Statement

RNS


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."

ST of IC today -


Break-out looms

Shares in Aim-traded uPVC window company Safestyle (SFE: 279p) are closing in on their intra-day all-time high of 296p hit in March and I wouldn’t be betting against that price level being taken out anytime soon.

Half Year Trading Update

RNS


RNS Number : 5284E

Safestyle UK PLC

19 July 2016




19 July 2016

Safestyle UK plc



("Safestyle" or the "Company")



Half Year Trading Update



Safestyle UK plc (AIM: SFE), the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, today issues a trading update for the six months ended 30 June 2016, in advance of its half year results announcement scheduled for Thursday 15 September 2016.



Since our last trading statement at our AGM on 19 May 2016, the Company has continued to trade in line with our enhanced expectations for the current year. Order intake in the first half was up 19.7% on prior year, which is expected to deliver H1 sales revenue of £83.5 million, an increase of 12.8% (H1 2015: £74.0 million). FENSA statistics show that we have increased our market share year on year to 10.0% from 9.5%.



During the first half of the year our order book increased significantly and we will benefit from a controlled release of some of this increase in the second half.



Cash flow has continued to be strong and we had net cash of £23.6 million at 30 June 2016 (30 June 2015: £14.9 million).



Steve Birmingham, CEO of Safestyle UK, commented:



"We are very pleased with our performance in the first half of this year. Whilst the longer term impact of the referendum decision on the broader economy remains to be seen, there has been no short term detrimental effect on our order intake. The Company has a proven successful model, with a growth strategy underpinned by a combination of our expanded product range, attractive promotional finance package, continued geographic expansion and financial strength. As a result, the Board remains confident in our ability to continue to outperform the market and achieve full year results in line with management expectations."

Interim results

· Volume of frames installed increased by 5.7% to 149,742 (H1 2015: 141,712)

· Continued growth in market share to 10.0% at 30 June 2016 (End 2015: 9.5%)

· Leads generated from media and on-line marketing grew by 26% to 39,118 (H1 2015: 31,095)

· Average unit sales price up 4.7% to £556 (FY 2015: £531)

· New sales offices opened in Guildford and Norwich

· Pre-tax operating cash flow of £9.8 million (2015: £8.7 million)

15 Sep N+1 Singer 300.00 Buy
15 Sep Liberum Capital 310.00 Buy
15 Sep Cantor... 270.00 Buy

ST of IC today - The bottom line is that on 13 times earnings estimates after stripping out net cash, and offering a prospective dividend yield of 4.2 per cent, the rating fails to price in the huge competitive advantage Safestyle has, potential for both organic growth and further market share gains, and the distinct possibility of more special dividends. I rate the shares a buy at 275p and my target price is 300p

27/09/2016
BUY
Stephen Birmingham
CEO
17,500

Year End Trading Update

RNS


RNS Number : 7816U

Safestyle UK PLC

23 January 2017




23 January 2017



Safestyle UK plc



("Safestyle" or the "Company")



Year End Trading Update



Safestyle UK plc (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu windows and doors for the homeowner market, is pleased to provide 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, profit before tax has shown good progress and is in line with Board expectations. As expected, our second half showed slower growth than H1 due to more challenging comparatives.

Our performance in 2016 has been pleasing and we estimate that we have continued to gain market share. Our growth is reflected in the increase in frames manufactured during the year, up 3.2% to 288,460 (2015: 279,453 frames), whilst the number of installations increased 4.7% to 62,989 (2015: 60,134).

Price increases implemented at the start of 2016 helped us deliver improved operating margins, offsetting consumer finance subsidy costs, which have become an established feature of our cost base.

Cash flow has continued to be strong and we ended the year with cash of £13.5 million (31 December 2015: £16.5million), having paid a special dividend during the year of £5.6m and incurred £4.6m of expenditure on our new factory extension, which continues to be on time and on budget.

The Company intends to announce its audited results for the year ended 31 December 2016 on 23 March 2017.

Steve Birmingham, CEO of Safestyle UK, commented:

"I am pleased to report that trading during 2016 was consistently strong and that we have achieved another year of record turnover. 2017 will see increases in our raw material costs primarily due to sterling weakness. However, we plan to offset such increases by improving the price we obtain for our products. Despite the uncertain macroeconomic outlook, we remain cautiously optimistic and believe we are well positioned to continue growing the business

23 Jan N+1 Singer N/A Hold
23 Jan Liberum Capital 335.00 Buy

Final results

Operational Highlights
 
·     Volume of frames installed increased by 3.2% to 288,460 (2015: 279,453)
·     Continued growth in market share to 10.2% at 31 December 2016 (2015: 9.5%)
·     Leads generated from media and on-line marketing grew by 23% to 73,686 (2015: 59,965)
·     Average unit sales price up 6.4% to £565 (2015: £531)
·     New sales offices opened in Guildford and Norwich
·     Pre-tax operating cash flow of £21.1 million (2015: £18.2 million)
·     12th consecutive year of market share growth

Few issues here.

A sign the economy is cooling. Second profit warning.

Yes the economy is cooling. However the quality of their doors is sub standard. Especially the locks.

Just like Everest. :-))

Double glazing is not what it was in the past.

:) White Gold.

Lol

Another profits warning

Safestyle UK warns on profits
StockMarketWire.com
Safestyle UK downgraded its profit guidance after demand weakened further since its results announcement in September, with sales down 0.3% by value and 6.8% by volume.

"With sales in the short month of December not helped by severe weather disruption to the planned installation programme, it is clear that fourth quarter sales will now be below our already reduced expectations," the company said.

At the same time, sales had come at an increased cost of acquisition, due to higher lead generation expense in a competitive landscape and a higher proportion being made on extended finance terms, negatively impacting margins, it added.

"As a consequence, our 2017 full year outturn (namely underlying profit before tax, before exceptional restructuring costs and share based payment charges) is now expected to be below current market expectations, at a level of least £15 million." Looking ahead, the company also lowered its expectations for the financial 2018 year, by forecasting "only modest growth in earnings".



Story provided by StockMarketWire.com

Trading Update and Directorate Change
RNS
RNS Number : 7034L
Safestyle UK PLC
23 April 2018

23 April 2018

Safestyle UK plc

("Safestyle" or the "Group")

Trading Update & Directorate Change

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, today issues an update on current trading.

In its Final Results announcement on 22 March 2018 the Group noted that the beginning of the year had been difficult with a continuing deterioration in the market resulting from declining consumer confidence. This was exacerbated by the activities of an aggressive new market entrant and it was noted that this competitor's actions were impacting the Group in certain areas of its operations, particularly in relation to its Sales and Canvass divisions. As a result, the Group's order intake in 2018 to date had been weak and its market share was under pressure.

The Board reports that, since then, the activities of this competitor have intensified and the Group has taken longer to rebuild its order intake to the rate previously anticipated and has also experienced cost increases as management takes the necessary actions to address these challenges.

The Board believes it is necessary to take a cautious approach to the prospect of further short-term disruption to the Group's operations. Therefore, the Board now expects Group revenues and underlying profit before tax for the year ending 31 December 2018 to be significantly below current market expectations with profits for the year expected to be heavily weighted to the second half.

The Board remains resolutely focused on protecting Safestyle's leading market position. Early evidence shows that the Group's Sales and Canvass teams are more effective in those locations where rebuilding has occurred. As an immediate priority, the Board is undertaking a detailed strategic review of its operations and has a number of measures in hand aimed at addressing the competitive situation and improving performance.

The Group announced in its Final Results that it was proposing a final dividend of 7.5p per share, subject to the approval of shareholders at the Annual General Meeting to be held on 17 May 2018. As a result of the revised guidance and in order to provide the Company with the strongest balance sheet from which to protect and strengthen its position, the Board believes the most responsible course of action is to preserve the Group's cash by cancelling the recommended final dividend of 7.5p per share that was due to be paid on 9 July to ordinary shareholders registered on 15 June 2018.

The Group also announces that Steve Halbert, Non-Executive Chairman, has resigned from the Board with immediate effect. Peter Richardson, an existing Non-Executive Director at Safestyle and a member of the Audit, Remuneration and Nominations Committees, has been appointed Non-Executive Chairman with immediate effect.
Peter joined the Safestyle Board in July 2016 and has extensive Board level and Non-Executive Directorship experience across a number of sectors including technology and engineering, fast moving consumer goods (FMCG) and utilities. He was a Group Board Director and Chief Operating Officer at Dyson Ltd for almost 15 years, during which time the business grew from a revenue base of £40 million to more than £1 billion. Peter's early career was spent in the sales and marketing functions of Cadbury Schweppes, Coca-Cola and Colgate Palmolive.
Peter Richardson, Non-Executive Chairman, said:

"On behalf of the Board, I would like to acknowledge the significant contribution Steve has made to the Group. He was the Group's Chairman at the time of its successful IPO in 2013 and has provided wise counsel, guidance and support to the Board over the years. We wish him the very best for the future.

"I am now looking forward to working with the Board and the executive team during what is a challenging period for the Group as it undertakes a number of actions to emerge as a stronger, fitter, more agile business."