Derbyshire manufacturer posts “robust” first-half figures

Eurocell, the Derbyshire manufacturer of window, door and roofline PVC products has posted “robust” financial results for the six months to 30 June.

Revenue has risen through the £100m mark to £108.1m, while profits are up 5% to £10.8m.

The firm says it is on target to open 30 new branches this year, with half of those completed before the end of June.

Mark Kelly, chief executive of Eurocell, said: “Eurocell has enjoyed a good first half, gaining share in a flat RMI market. We reported robust financial results, delivered another consistent operational performance and continued to invest in the growth of our business.

“We are implementing selling price increases to mitigate raw material pricing pressure where possible, but the market does lag supplier price rises. We continue to manage underlying operating costs tightly, whilst progressing further our strategic priorities.

“As a result, despite some signs of market hesitancy, our expectations for the full year remain unchanged. We believe that our proven strategy and capabilities will enable Eurocell to deliver value to our customers and shareholders throughout the remainder of 2017 and beyond.”

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