StockMarketWire.com - Safestyle UK has booked a FY pretax profit up 73% to £16.4m, from £9.5m. Revenue was £136.0m, from £124.8m. It recommended a final dividend of 6.2p, taking the total to 9.3p.

CEO Steve Birmingham said Safestyle UK had again achieved impressive revenue growth and improved its margin which have resulted in a record level of profit in 2014.

"We have continued to increase our market share and therefore maintain our position as the leading player in the highly fragmented and competitive replacement window and door market.

"The business is well positioned to build on these results as the general economy and RMI (repair maintenance & improvement) market continues to recover.

"Moreover, our dedicated focus on quality and price together with our continued geographic expansion into the South and South East as well as our forthcoming entry into the conservatory refurbishment market should lead to further growth.

"Having introduced a price increase on 1 January 2015, I am pleased that in the first 11 weeks of the current financial year our order intake has been strong, and we are trading in line with our expectations. With this in mind the Board looks to the future with confidence."






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