Positive Q3 2019 for CAB Members

Justin Ratcliffe, (CAB Chief Executive)

After a volatile first half of the year distorted by Brexit stockpiling it was extremely positive to see the CAB Q3 2019 State of Market Survey results showing 43% net balance of CAB members forecasted growth in Q4 and 57% net balance, growth in the year ahead. The results announced at the CAB members’ meeting in Manchester last week showed that in Q3 a sizeable 50% of members saw sales volumes up by more than 5% on Q2. Capital investment in the year ahead still clearly remained a priority with 65% net balance forecasting an increase in spend on product improvement closely followed by 55% net balance for plant & equipment.

28 New Members in 25th Anniversary Year
Echoing the positive vibes emanating from the latest survey, 2019 has seen one of the highest levels of increases in approved membership in CAB’s 25th Anniversary year.  To date, we are delighted to have been joined by 25 new members across the aluminium in building supply chain: 3D Aluminium; Acorn Aluminium; Allied Glazing Systems; Aluminium Shapes; AOV (UK); Azon (UK); BSI Assurance UK; Contrasol; DUCO Ventilation & Sun Control; E P Consultants; Epwin Window Systems; Fentrade; Glasshus Facades; Hoppe (UK); Kestrel Aluminium Systems; LP Window Controls; MBE Glazing Systems; OnLevel; Presstek; Promac ; Prosale Automatic Doors; Safeguard Glazing Supplies; Saint-Gobain Glass; Soft Tech (England); The Design Solutions Business; The Rooflight Company; United Anodisers and Window Ware. Read More

Tony Higgin
Publisher

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This Month's News

Kairos group confirms closure

Brian Kennedy’s £75million-sales Kairos Group, with brands including Zenith, Weatherseal, St Helens Glass, St Andrews Glass and Penicuik Home Improvements, has this week broken its silence with a statement confirming earlier reports that it is closing and an administrator is expected to be appointed in the next few days.

Companies House also reports that as of yesterday, the Indigo Products fabricating subsidiary was also in the process of appointing an administrator. Another business Install Base t/a Job Worth Doing is the sole installer for the retail brands. Its phone number is today redirecting calls to the Kairos recording that the offices are closed.

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GGF’s Brexit ready

The Glass and Glazing Federation says its Brexit Readiness Campaign is now well underway following its recent £50,000 government grant, and has now unveiled its new GGF Brexit Hub as well as producing a new guidance brochure and implementing digital marketing including social media and search engine marketing. 

The new “Brexit Hub” on the GGF website  is entirely free and available to members and non-members, with no log-ins required.  It consists of key information, expert opinions, potential scenarios and the latest news on the issues affecting the industry, as and when the UK exits the European Union.

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UAP threatens action on fake Fullex resellers

Fullex parent company UAP has issued a threat of legal action against anyone reselling counterfeit Fullex branded locks after discovering the fakes openly on sale at a security exhibition.

CEO David Jennings warned that the low-spec fakes not only compromised the integrity of the genuine product but caused a serious risk to the security of anyone using them.

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Construction down again
– is it Brexit paralysis?

Construction contracts awarded last month were 15.6% down on September 2018, including a 2.5% drop on August 2019, according to the latest figures from Barbour ABI.

Both the number of contract awards and the values dropped in August and September. 

June and July were both positive months, but these reflected values held up by a few big-ticket projects.

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