StockMarketWire.com - Safestyle UK has continued to trade well, with revenue for the year increasing 9.0% to about £136.0m. Pretax profit has shown good progress and is anticipated to be in line with consensus market expectations.

It said consensus market expectation for FY 2014 pretax profit was £16.7m.

The Company has continued to increase market share from 7.85 per cent as at 31 December 2013 to 8.48 per cent as at 31 December 2014, according to FENSA data, which shows a small contraction in the overall market in 2014.

"However, our growth is also reflected in the increase in frames manufactured during the year, up 7.0 per cent to 267,642 (2013: 250,185 frames), whilst the number of installations increased 4.7 per cent to 57,682 (2013: 55,112). The order book at the year end was 3% up on last year," the company said.

Cash flow has continued to be strong and we ended the year with cash of £8.5million, compared with £5.2million at 31 December 2013, having paid dividends of £6.7million in H2 2014.

The Company will announce its audited results for the year ended 31 December 2014 on 26 March 2014.






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