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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Safestyle - Another rise in market share

June 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SFE
  • Price:
  • 190p
The shares broke higher after Safesyle, the double glazing windows specialist, unveiled solid maiden full-year results with sales, pretax profit and eps rising 9%, 10% and 11% respectively to £136m, £16.8m and 16.5p. Strong cash generation meant net cash increased from £5.2m to £8.5m.The group undertook a record 57,682 installations with volume of frames installed increasing by 7% to 267,642. Market share also grew to 8.5% from 7.9%, its tenth consecutive year of growth. Average order value increased 3.8% to £2,806 while average unit sales price rose 1.6% to £504.Broker N+1 Singer, which has a target price of 230p,  forecasts eps of 17.1p this year, rising to 18.4p next while the divid ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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