Safestyle set to grow after investing in major factory development

WINDOW manufacturer Safestyle is “well positioned” to grow further after a year which saw turnover increase 9.5% to £148.9m.

For the year to 31 December 2015, profit before tax was £1.2m higher than the year before, at £17.6m.

The business is embarking on an asset replacement plan, and invested in machinery and cutting facilities at its Wombwell manufacturing facility.

Last month, February 2016, Safestyle announced it was constructing a new 61,892 sq ft factory adjacent to its facilities in Wombwell, South Yorkshire.

Construction of the new factory is expected to commence in the second half of 2016 and be completed in the first half of 2017.

Steve Birmingham, chief executive of Safestyle UK plc, said: “Safestyle has continued to grow both revenue and profit, achieving record levels of both in 2015.

“For the eleventh consecutive year we have increased our market share and, as a result, strengthened our position as the leading operator in the retail replacement window and door market.

“During 2015 we continued our geographic expansion by opening three new sales branches, added conservatory upgrades to our product range and introduced an improved suite of promotional consumer finance options.

The Group is well positioned to continue to grow market share, expand our sales branch network and broaden our product range. In the current financial year, so far, order intake has been very strong giving us the confidence that we will maintain our successful progress in the year ahead.”