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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Safestyle

May 2014

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:
  • 196p
As the housing boom has cranked up another gear so have shares in double glazing windows specialist Safestyle. Results came in ahead of expectations and with the New Year also starting strongly, broker Zeus Capital has upgraded forecasts. For the year to 31 December turnover, pretax profit and eps rose 13%, 58% and 63% respectively to £125m, £15m and 14.8p. 2013 was the first year of industry growth in the replacement double glazed window and door market since 2007 and Safestyle fully took advantage with volume of frames installed rising 7.5% to 250,185 and market share increased from 7.5% to 7.9%. Average unit sales prices rose 5.5% to £496, which alongside an increase in leads generated by the internet pushed up gross margins ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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