Sales up and back in profit
10th September 2019
MACKENZIE GLASS reports turnover up by 20% per cent as well as a ‘modest return to profit’ in its first full year trading under its new management team and as part of the newly-created Cornwall Group.
Joint Managing Director Mark Herbert said: “We started off in 2017 with a business that was turning over around £5million a year. We’ve taken that so that in June at the end of our financial year our turnover was topping £6million.
“We’ve picked up some new customers along the way but for the most part growth has been driven by the expansion of our product range. This has included increased supply of cut-to-size laminate and our new partnership with Pyroguard, which gives us a second leading fire rated glass range, in addition to our offer from Pilkington.”
Mackenzie Glass was formed as stand-alone business and vehicle for the acquisition of Pilkington Bristol from NSG. It supplies over 300 tonnes of glass a month, including a range of products from Pilkington as a Pilkington Regional Partner, plus other float glass suppliers including Saint Gobain, Guardian, AGC and most recently Pyroguard.
Glass shortages in the last 12-months further buoyed its growth, Mark added: “We were largely unaffected because of the relationship that we have with Pilkington and other leading glass suppliers this helped us to resist the need to follow other independent merchant and import glass from non European suppliers.
“The first half of this year so far has been perhaps a little tougher and clarity on the UK’s future relationship with Europe is now desperately needed.”