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…
Just in time for Halloween
Well, we use assessments all the time so this new film caught our eye……. looks like it’s worth a watch, we want to understand behaviour …… but what if work really knew what you thought even before you did ?
We are sponsoring PIGS
MBA is sponsoring the PIGS event in Birmingham on the 29th October ….. full of interesting conversations if previous events are anything to go by …. and we like interesting! Event signup is here… See you there if you plan to come.
M&A Activity
We are seeing a definite upturn in M&A activity in the Building Products sector with a number of deals done at the ‘headline’ level but we are also seeing the same trend with smaller businesses where the timing is seen to be right for an exit. There are buyers in the market and as the sector matures shareholders many of whom have spent a working lifetime building value in their…
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…