Glazerite Windows Ltd has returned further excellent growth figures for the third quarter of 2013, outstripping even its excellent double-digit increases in Q1 and Q2 and topping the £5million mark in a quarter for the first time in its history.
The national trade fabricator gained over £948,000 year on year in the quarter, an increase of 22.7%, and just over £1million or 26.7% on Q2. Most of the glory goes to Fully-Reversibles with a remarkable 200% YoY growth, followed by Vertical Sliders, Composite Doors and In-Line Patio with 75%, 52% and 44% respectively.
Growth for Glazerite also means growth for its customers, said Director Jason Thompson, with a large proportion of them showing impressive YoY increases and rewarding the fabricator with a much higher retention rate than the industry norms, as well as a number of new accounts coming on board. Sales to other fabricators, of lines they choose not to make themselves, also remain healthy.
He added that the recently enhanced foils range looks set to be the next star performer, thanks partly to improved lead times and lower costs brought about by VEKA’s lower order quantity:
“Foils are a big growth area across the whole industry and we have made sure our customers are able to gain maximum benefit from this growth for their own businesses.”
The £5million milestone comes only one quarter after Glazerite broke the £4million barrier, now bringing the company even closer to its forecast of surpassing £16million turnover for the year.
Jason Thompson continued, “While the industry as a whole has managed to outshine the pessimistic forecasts, we have been able to show that, with the right products and quality, backed by our commitment to customer service and support, Glazerite customers can remain at the forefront of the recovery as well as making the most of industry trends and innovations.”
Glazerite is VEKA’s largest trade fabricator in the UK as well as a prominent and long-standing Network VEKA member, with a reputation for unsurpassed customer service as well as a comprehensive product range. It offers a fully nationwide service based on manufacturing units in Northants and Greater Manchester and a distribution hub in Bristol serving South Wales and The West of England.