Eurocell has continued to build on a strong first half year with sales for the four months to end of October up 18% against pre-pandemic 2019 and ten month sales up 21% against the same period.
According to a new trading update, profile sales put on 19% in the four months with fabricators substantially focussed on the RMI market as well as a strong performance from Vista Doors.
The report echoes its half year comment that it is mitigating raw material cost inflation with selling price increases https://www.the-glazine.com/?p=3945 , adding that a surcharge is in place, adjusted monthly in response to price changes.
Fit-out of the group’s new warehouse is now complete, the report continues: “As well as being central to increasing capacity, the facility is key to delivering further improvements in operational efficiencies as the new plant, systems and processes become embedded.”
CEO Mark Kelly said: “The positive sales trends for profiles and building plastics have continued through the year which has reflected good underlying demand in our markets. We are taking effective action to mitigate ongoing cost inflation and current supply chain pressures. As a result, we are on track to deliver profit before tax for the full year in line with market expectations.
“It is also welcome to see that our long-term commitment to creating sustainable product solutions has been recognised with the prestigious London Stock Exchange Green Economy Award. It is further evidence that we continue to lead our sector when it comes to understanding and delivering on our environmental responsibilities.
“Finally, the successful opening of our expanded warehouse and manufacturing facility is great news for our nationwide network of fabricators and installers. We are now even better placed to meet market demands and work with the trade to support them as they secure enhanced business building opportunities.”
