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Safestyle Uk Plc (SFE)     

dreamcatcher - 23 Dec 2013 16:45




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/


Flag Counter


Chart.aspx?Provider=EODIntra&Code=SFE&SiChart.aspx?Provider=EODIntra&Code=SFE&Si

goldfinger - 13 Jan 2014 18:33 - 15 of 77

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

dreamcatcher - 13 Jan 2014 18:35 - 16 of 77

goldfinger - 13 Jan 2014 18:48 - 17 of 77

he he he LOL.

loads errr money.

dreamcatcher - 27 Jan 2014 17:59 - 18 of 77


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.

dreamcatcher - 04 Feb 2014 18:13 - 19 of 77

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.

goldfinger - 26 Mar 2014 08:59 - 20 of 77

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

Chart.aspx?Provider=EODIntra&Code=SFE&Si

dreamcatcher - 27 Mar 2014 22:15 - 21 of 77

Finals Mon 31 March

dreamcatcher - 31 Mar 2014 18:17 - 22 of 77

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

dreamcatcher - 31 Mar 2014 18:18 - 23 of 77

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%.

dreamcatcher - 31 Mar 2014 18:53 - 24 of 77

31 Mar Liberum Capital 267.00 Buy

dreamcatcher - 02 Apr 2014 16:22 - 25 of 77

Chart.aspx?Provider=EODIntra&Code=SFE&Si

dreamcatcher - 09 Apr 2014 16:48 - 26 of 77



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

RNS


RNS Number : 4723E

Safestyle UK PLC

09 April 2014


HARGREAVE HALE LIMITED Over 5%

dreamcatcher - 10 Apr 2014 19:44 - 27 of 77

Nice page in Shares and a buy.

dreamcatcher - 22 May 2014 16:19 - 28 of 77


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

dreamcatcher - 12 Jun 2014 16:39 - 29 of 77

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

dreamcatcher - 16 Jul 2014 07:08 - 30 of 77


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.

dreamcatcher - 03 Dec 2014 15:33 - 31 of 77


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.



dreamcatcher - 13 Jan 2015 17:05 - 32 of 77

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.

dreamcatcher - 26 Jan 2015 16:16 - 33 of 77

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).

dreamcatcher - 04 Feb 2015 22:31 - 34 of 77

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.
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