This independent report commissioned by Woodford Investment Management LLP on the effects of Brexit is insightful. Woodford is one of the UK’s most successful investment mangers and has returned significant gains for investors over the years so this view of the economic landscape is worth a read. In summary the conclusion is short term instability but on the whole the macro economic environment in the UK should be neutral or…
News
Safestyle sales up 24% in the Q1 of 2016
Safestyle UK has had a strong start to 2016 with order intake 24% upon the same period last year and ahead of management expectations Chairman Steve Halbert said in his statement to the AGM on the 19th May. Safestyle attribute this to a number of factors including an increased product range, investment in the brand and “market leading promotional finance” We can all see a distinct change in the style…
Linkedin and inaccurate profiles on our company page Caveat Emptor !!
We are having problems with LinkedIn showing profiles for people who are not employees of MBA Associates Ltd on our LinkedIn company page and reported this to them on the 24th of April 2016, despite this there are still today (9th May) multiple profiles on our page for people listed as our employees who are not. Apparently LinkedIn can just add your profile to a company without your knowledge or…
Epwin plans dividend increase on the back of solid 2015 results
Epwin plc has announced a rise in the dividend off the back of a second year of profit growth. Jon Bednall, Chief Executive, said: “We have made good progress with our core strategy of focusing on operational improvements, leveraging our capital assets and targeting acquisitions to broaden our product portfolio and capabilities. Shareholder returns in our near two years since becoming a public company have been ahead of expectations at…
Kris Matthews Joins MBA
MBA Associates are very pleased to announce that Kris Matthews has joined the business as an IT consultant. Kris has many years of direct hands on (keyboard and factory!) experience of window industry specific software having worked for both First Degree Systems and Halo in the past. Kris brings experience at senior level of both leading the IT function within manufacturing businesses and supporting system company customers to use and…
SIG’s CEO is “disappointed” with 2015 performance- Hopes for better 2016
Full Statement on SIG’s website here http://bit.ly/1M6mzJd Commenting on the results and outlook, Stuart Mitchell, Chief Executive, said: “While making good progress on the Strategic Initiatives and infill acquisition programme, we were disappointed by the Group’s 2015 performance, having been adversely affected by weak trading conditions in Mainland Europe and the UK RMI market, as well as movements in foreign exchange. “We have already taken a number of actions to improve…
Safestyle Returns solid numbers with year end £16.5M cash on hand
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).…
SIG Trading Update – times are hard
14 January 2016 SIG plc (“SIG” or “the Group”) Trading Update SIG plc, a leading distributor of specialist building products in Europe, with strong positions in its core markets of insulation & energy management, interior fit out and roofing products, today issues a Trading Update for the twelve months ended 31 December 2015. 2015 Group sales from continuing operations were c.£2,565m, an increase of 3.6% in constant currency…
Epwin acquires Stormking
RNS Number : 6361K Epwin Group PLC 04 January 2016 Epwin Group Plc (“Epwin” or the “Company” or the “Group”) Acquisition of Stormking Plastics Limited and Trading Update Epwin Group Plc (AIM: EPWN), the vertically integrated manufacturer of extrusions, mouldings and fabricated low maintenance building products, supplying the Repair, Maintenance and Improvement (“RMI”), new build and social housing sectors, is pleased to announce the acquisition of the entire issued share…
New article on Fenestration News
Merger Acquisition And All That We’ve been around in the sector since 1999 and the principals at MBA have more years than we care to count in the building products sector and the window industry in particular so it was always going to be the case that in working with clients at every stage of the business cycle we’d be asked about buying or selling businesses. We’ve worked with clients…