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GLAZERITE GOES ON GROWING WITH EXCELLENT Q2 RESULTS

IMG_0846Glazerite is continuing to build on excellent annual growth figures with further double-digit increases in the first and second quarter of 2013.

The trade fabricator has announced a 17.4% increase in Q2 sales year on year, with a first half figure of 16.7%, on top of the 21.6% growth already reported for 2012 as an entire year. The April-June period also saw quarterly sales top £4million for the first time, giving increased optimism that the company will surpass its existing projection of £16million for 2013.

Star performer in the Glazerite offering was composite doors, showing nearly 21% growth, followed by healthy increases in vertical sliders, patio and bi-fold doors – including increased sales to other fabricators that choose not to manufacture their own. Close behind came foiled products which have benefitted from both an expanded range and improved lead times throughout the year.

Director Jason Thompson says the figures have come from both increased demand from existing customers as well as a number of new accounts.

“The industry is continuing to pull itself out of the slump but the recent tough times, combined with an increasingly competitive market, have sorted out the winners from the losers. Because of our continuing commitment to quality and service, these results show that our customers are definitely winners and they believe we are too.”

Broken down further, total sales for the second quarter stand at £4,032,146 against £3,435,035 in the same period last year. These figures reinforce Glazerite’s position as the UK’s largest VEKA trade fabricator as well as a major fabricator of any PVC-U system.

 

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