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Safestyle

March 2020

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:
  • 45p
I am due to meet Safestyle, the leader in UPVC windows, when it reports full year results on 19 March. A preclose statement during the month said Safestyle expects sales of £126m and the business has returned to monthly profits across most of the period. Net cash at the year end increased to £0.4m. Sales performance accelerated in November and December, driving additional lead generation costs in Q4 while strengthening the year-end order book, which increased by 24% versus FY18’s closing position. As a result of this investment, it expects to report a reduced FY19 loss of £1.5m.Big news in the sector is that rival Kairos, which traded as Weatherseal, Zenith and St Helen’s Glass (sales of around £ ...

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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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