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/

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.