dreamcatcher
- 01 May 2013 20:31
Tyman is a leading international supplier of building products to the door and window industry.
We operate industrial manufacturing businesses with significant operations in nine separate countries across Europe, the Americas, Asia and Australasia.
Our building products solutions range include:
Weatherproof seals that help make homes more energy efficient
Compact balances and reinforcers that enable windows to function effectively
Full suite of window and door hardware, including high security locks and electronic access controls
In the UK, we also offer the market-leading sash window renovation service.
Our Ventrolla subsidiary is the UK market leader in timber sash and casement window renovation, offering an alternative to window replacement.
http://www.tymanplc.com/

dreamcatcher
- 22 Feb 2014 21:04
- 20 of 44
Final Result
11 Mar 14 Tyman [TYMN]
dreamcatcher
- 26 Feb 2014 19:03
- 21 of 44
Tyman acquires Brazilian weather-seal maker
Wed, 26 February 2014
Tyman, which supplies door and window components, on Wednesday announced that its international division, Schlegel, has completed the acquisition of Vedasil Brasil, a supplier of weather-seals.
The firm, which was set up in 1978, manufactures and supplies PVC extruded seals along with other seal and screen components to the Brazilian door and window market. Its 2013 revenues totalled around £4.85m.
Tyman plans to combine Vedasil with its other Brazilian business, Schlegel Brazil, combining the management teams of both.
Louis Eperjesi, Chief Executive of Tyman, said: "I am delighted to welcome the Vedasil team to Schlegel International and look forward to working with them to grow the market for our range of sealing technologies and other door and window components in the region.
"The acquisition is an important element of our strategic plan to deliver consistent growth for Tyman, wherever we are located, and opens up new opportunities to develop the Schlegel International business across South America."
dreamcatcher
- 11 Mar 2014 07:24
- 22 of 44
Final Results
http://www.moneyam.com/action/news/showArticle?id=4770216
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11 Mar Canaccord... 350.00 Buy
dreamcatcher
- 13 Mar 2014 13:07
- 23 of 44
Tyman: Berenberg ups target price from 327p to 350p and keeps a buy recommendation
dreamcatcher
- 16 May 2014 07:07
- 24 of 44
Interim Management Statement
RNS
RNS Number : 2826H
Tyman PLC
16 May 2014
TYMAN PLC
("Tyman" or the "Group" or the "Company")
Interim Management Statement
Tyman plc ("Tyman" or the "Group"), the international supplier of components to the door and window industry, issues the following Interim Management Statement for the period from 1 January 2014 to date, ahead of the Group's Annual General Meeting being held today at 10.30 a.m. at the offices of Pinsent Masons in London.
Trading Update
Trading in the first four months of 2014 has been in line with management's expectations, noting that this period typically sees lower seasonal levels of activity in our Northern Hemisphere end-markets.
Revenues from continuing operations ("Revenues") for the period ended 30 April 2014 increased by approximately 34 per cent. compared with the corresponding period in 2013, reflecting the increased size of the Group following the acquisitions of Truth and Vedasil.
Excluding the benefit of acquisitions, reported Revenues increased by approximately 5 per cent. and on a constant currency, like for like basis, Revenues increased by approximately 10 per cent, the difference reflecting the continued strengthening of Sterling against international currencies.
Amesbury and Truth
In North America, the Amesbury and Truth businesses have seen an encouraging start to 2014 with revenues running slightly ahead of 2013 in the four months to April despite the harsh weather conditions seen across the United States. The Canadian market has also seen a solid start to 2014 with improved market sentiment and is trading ahead of early 2013 comparatives.
The integration of Amesbury and Truth continues to progress well under the leadership of the combined management team with a number of key initiatives put in place since the start of the year and delivery of targeted synergies on schedule.
Grouphomesafe
In the UK, as expected, Grouphomesafe has seen the recovery in the market that started at the end of Q1 2013 continue into 2014. Our components business has seen significant increases in demand from both OEM fabricators and distributors with Fab & Fix and ERA in particular seeing encouraging growth.
The first quarter of 2013 was particularly weak in the UK so year on year growth is expected to moderate somewhat across the balance of the year as comparatives become tougher, however the outlook for Grouphomesafe and the UK market remains positive.
Schlegel International
Our International Building Products business saw modest growth overall in European markets with sales into Eastern Europe and Scandinavia performing better year to date than in 2013. Western and Southern European markets remain mixed, although our sales into Germany have seen a stronger start to 2014, and in Italy we continue to take market share.
Australia, Singapore and Brazil have each started the year well and the integration of Vedasil is progressing according to schedule.
North American Footprint Evaluation
The first phase of the North American footprint evaluation has been completed by the new Amesbury and Truth management team and, as part of that process, the Atlanta extrusion facility has been identified as being surplus to the Group's requirements.
Production at this site will be relocated to our Minnesota extrusion facility by the end of the summer, reflecting the focus of our extrusion business on high value added engineered component manufacture. The cash costs of closure are estimated at approximately US$0.5 million.
The Group will continue to service its national extrusion customer base from its other North American plants, utilising the extensive Amesbury and Truth distribution network.
Further evaluation of the North American manufacturing footprint will continue during the remainder of 2014 as we look to improve the effectiveness of the Amesbury and Truth operations and position the business for long term growth.
Financial Position of Tyman
The Group's financial position remains strong. Other than the normal seasonal increase in working capital, and the capital outlay to acquire Vedasil, there has been no significant change to the Group's financial position since the last year end.
North American Site Visit
Tyman will host an Investor and Analyst site visit to its facilities in Owatonna, Minnesota and Sioux Falls, South Dakota between 19 and 21 May 2014. Presentation materials will be posted on the Group's website.
No material new information will be disclosed in the presentations and there will be no statements on current trading.
Half Year Results Announcement
Tyman will issue its half year results for the six months ending 30 June 2014 on Tuesday 29 July 2014.
Louis Eperjesi, Chief Executive of Tyman, commented:
"We have had an encouraging first four months to the year, consistent with our expectations for the year as a whole. Continued recovery in our key end markets, combined with share gains and the delivery of targeted synergy benefits in North America underpin our confidence for the future."
dreamcatcher
- 26 Jul 2014 09:40
- 25 of 44
Interims Tues 29 July
dreamcatcher
- 29 Jul 2014 16:24
- 26 of 44
Half Yearly Report
Operating and corporate highlights
· Solid six month performance in North America for Amesbury Truth together with continued delivery of integration benefits and synergies
· Good performance in the UK with strong momentum and margin progression in Grouphomesafe
· Higher order books in Amesbury Truth and Grouphomesafe at 30 June 2014 leaves the Group well placed for further progress in the second half
· Variable European markets and investment in the business led to a small loss in
Schlegel International
· Acquisition of Vedasil Brasil establishes South American manufacturing platform; integration progressing according to plan
· Refinancing of 2011 bank facility into a Revolving Credit Facility of up to £240 million to
June 2019
http://www.moneyam.com/action/news/showArticle?id=4857528
dreamcatcher
- 22 Oct 2014 17:46
- 27 of 44
22 Oct Berenberg 350.00 Buy
dreamcatcher
- 05 Nov 2014 19:17
- 28 of 44
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 21/10/2014, 15 days ago, when the stock price was 235.7500. Since then TYMN.L has risen by +18.35%.
Market Outlook
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security.
http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TYMN.L
dreamcatcher
- 12 Nov 2014 07:06
- 29 of 44
Interim Management Statement
RNS
RNS Number : 7704W
Tyman PLC
12 November 2014
Tyman PLC
("Tyman" or the "Group" or the "Company")
Interim Management Statement
Tyman, a leading international supplier of components to the door and window industry, issues the following Interim Management Statement, for the period from 1 July to 11 November 2014.
Current trading and outlook
The Group saw strong trading in both the AmesburyTruth and Grouphomesafe divisions during the period, offset in part by continued difficult market conditions in the Schlegel International European businesses.
Currency impacts on translated earnings have eased somewhat since the half year however will still be relatively significant across the year as a whole. Overall we remain confident that the Group will deliver full year results in line with current expectations and that Tyman is well positioned for 2015.
AmesburyTruth
AmesburyTruth has seen revenues and the order book continue to grow across the summer months and into the autumn. Good momentum in order intake, combined with positive sentiment from the customer base, supports our expectation of continued growth in the fourth quarter and into 2015.
The Canadian market has continued to recover across the summer months and we have taken further share - in line with our strategic intention of growing our position ahead of the market.
Integration initiatives have continued and the combined business remains on track to deliver synergy benefits of at least $5.0 million in 2014 and $8.0 million in 2015.
A key element of integration, the formal rebranding of our North American businesses as "AmesburyTruth", was announced at a leading industry trade show in September and has been well received by customers and employees.
Grouphomesafe
Grouphomesafe saw continued strong performance in the period against an improving market backdrop, with Fab & Fix in particular continuing to grow its share of the market. Our new product introductions into the UK market have been well received and are starting to generate orders.
Revenues and order intake have continued to grow into the fourth quarter and we expect the UK market will demonstrate further growth in 2015.
Schlegel International
Trading conditions for Schlegel International in the period remained challenging throughout Continental Europe with demand in Germany and the Nordics being softer than in 2013 and France continuing to decline year on year. Eastern European markets remain relatively strong year on year.
The Brazilian market has returned to growth following the disruption caused by the World Cup and the integration of Vedasil into Schlegel Americas Latina is now complete.
Australia saw strong trading during the period with continued penetration of Truth casement product in the Australian market.
Accordingly we now expect a broadly breakeven performance for Schlegel International in 2014, excluding the European industrial products business which is expected to be accounted for as a discontinued operation in the 2014 accounts.
Schlegel International has seen significant investment made in its management team and structures over the past two years and this, combined with the increased focus of our European operations, positions Schlegel International well for growth as and when European markets recover.
Exit of European industrial products business
In December 2012 the Group ceased production of building products at its Gistel, Belgium plant, retaining a reduced presence in Gistel to focus on industrial products.
Industrial products are not integral to the Group's component offering and the European industrial products business (the "Business") has run at a small operating loss for the past two years. Accordingly the Group has decided to exit the manufacture of industrial products in Europe and will sell or close the Business by the year end.
In the event that the Business is closed the cash costs of closure are estimated at approximately E3.0 million, ignoring any potential proceeds from the disposal of operating assets.
2014 revenues for the Business are expected to be approximately E1.8 million (2013: E2.2 million) and the operating loss is expected to be approximately E(0.3) million (2013 operating loss: E(0.3) million). Net operating assets of the Business, excluding cash balances, are approximately E1.6 million.
Financial position
The Group retains a strong and flexible balance sheet with good cash generation in the year to date. Year end leverage is expected to be within the Group's target range of 1.5 to 2.0x net debt: underlying EBITDA.
Louis Eperjesi, Chief Executive of Tyman, commented:
"The period since the half year has seen continued growth and margin expansion in both AmesburyTruth and Grouphomesafe; with a more challenging trading environment in Continental Europe impacting Schlegel International.
"Overall the Group remains on course to deliver results in line with expectations for 2014 and remains confident in the overall prospects for 2015."
12 November 2014
dreamcatcher
- 12 Dec 2014 18:51
- 30 of 44
12 Dec Liberum Capital 325.00 Buy
dreamcatcher
- 26 Dec 2014 10:00
- 31 of 44
One of Shares 15 key stock selections for 2015.
dreamcatcher
- 02 Feb 2015 15:38
- 32 of 44
2 Feb Canaccord... 380.00 Buy
dreamcatcher
- 27 Feb 2015 20:02
- 33 of 44
Tyman PLC (TYMN:LSE) set a new 52-week high during today's trading session when it reached 342.00. Over this period, the share price is up 30.64%.
dreamcatcher
- 10 Mar 2015 21:19
- 34 of 44
Final Results
Business highlights
· Sustained strong trading performance from AmesburyTruth against a backdrop of improving market conditions in the United States
· Cumulative AmesburyTruth synergies delivered in 2014 of US$5.5 million; 2015 guidance confirmed as at least US$8.0 million
· Next phase of transformation of AmesburyTruth into a world class manufacturing business through rationalisation of the North American footprint announced. Will generate at least US$10.0 million of annual benefit by 2020
· Rebranding of Grouphomesafe as ERA following strong performance in 2014 with significant market share gains
· Acquisition of Vedasil and closure of European Industrial Products business in Schlegel International
· Leverage ratio reduced to 1.56x, despite significant investment in the balance sheet, and ROCE improved by 240 bps to 11.4 per cent.
2015 Trading To Date
· The current year has started with order book levels ahead of 2014 and in line with our expectations across each of the Divisions
dreamcatcher
- 10 Mar 2015 21:20
- 35 of 44
10 Mar Canaccord... 395.00 Buy
dreamcatcher
- 15 Mar 2015 15:00
- 36 of 44
dreamcatcher
- 29 Jul 2015 18:14
- 37 of 44
dreamcatcher
- 29 Jul 2015 18:15
- 38 of 44
Tyman Plc hikes H1 pretax profit by 53.9%
StockMarketWire.com
Tyman Plc has hiked its H1 pretax profit by 53.9% to £7.7m, form £5.0m. Dividend per share was 2.66p, up 33% from 2p. Revenue was £175.4m, from £167.0m.
Business highlights:
· Continued expansion in gross and net margins and ROCE improved by 170 bps from 12 months ago to 11.8 per cent.
· Solid six month performance in North America for AmesburyTruth, despite subdued markets, with further delivery of synergies and progress on pricing
· UK market softer in the year to date; ERA new product introductions starting to generate Revenue
· Variable European markets continue to impact Schlegel International; Australia and Singapore performing well
· Higher order books in AmesburyTruth and Schlegel International Divisions at 30 June 2015 compared with June 2014
· Leverage ratio reduced to 1.81x compared with 2.21x a year ago
At 9:37am: (LON:TYMN) Tyman share price was -5.75p at 312.75p
Story provided by StockMarketWire.com
dreamcatcher
- 07 Sep 2015 16:45
- 39 of 44
Disposal of EWS
RNS
RNS Number : 2042Y
Tyman PLC
07 September 2015
07 September 2015
TYMAN PLC
("Tyman" or the "Group")
Disposal of EWS
Tyman, a leading international supplier of components to the door and window industry, announces that its UK and Ireland Division, ERA, has sold its steel reinforcer business, EWS, to Arc Specialist Engineering Limited ("Arc") for a net cash consideration of approximately £7.25 million (together the "Disposal").
The Disposal is in line with Tyman's strategy of focusing on the supply of high value added components to the door and window industry worldwide. EWS's products are not core to the Group's component portfolio and the Disposal takes account of EWS's future prospects under the Group's ownership. Accordingly the Board believes this is the right time to dispose of EWS and is pleased to have agreed the sale to Arc, a private engineering company based in Birmingham.
In the year ended 31 December 2014, EWS recorded Revenue of £18.7 million, Underlying Operating Profit of £1.7 million and had gross assets of approximately
£6.1 million.
The Disposal is expected to be dilutive to Group earnings, reducing 2015 Underlying Earnings Per Share by approximately 0.33 pence and 2016 Underlying Earnings Per Share by approximately 1.00 pence. The Disposal will result in a small net loss on disposal which will be recognised in the 2015 full year accounts as an exceptional item. This statement is not meant or intended to be a profit forecast, and should not be interpreted to mean that the Underlying Earnings Per Share of Tyman following completion of the Disposal will necessarily be above or below the historic published Underlying Earnings Per Share.
The proceeds arising from the Disposal will be retained within the Group and used for general corporate purposes.
Clearwater International acted as adviser to ERA on the Disposal.
Louis Eperjesi, Chief Executive Officer, commented:
"We are pleased to have completed the disposal of EWS, in line with our strategy of focusing on our portfolio of value added door and window components. We continue to invest in new products, refining our geographic footprint and targeting selective acquisitions to develop the Group."