As we hoped might be the case Safestyle UK has performed well in the 1st 4 months of the year. At +24% the order book growth is the strongest the group has ever delivered, exceeding our forecast and management’s budget. The YTD beat has led us to upgrade our top of the range forecasts by 5%. Given the market dynamics and the company’s strategic enhancements, we believe growth can continue to exceed relatively conservative forward assumptions, implying further risk to the upside. As noted in prio ....
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Strongest ever start to the year, with order book up 24%
- Published:
19 May 2016 -
Author:
Matthew McEachran -
Pages:
4
As we hoped might be the case Safestyle UK has performed well in the 1st 4 months of the year. At +24% the order book growth is the strongest the group has ever delivered, exceeding our forecast and management’s budget. The YTD beat has led us to upgrade our top of the range forecasts by 5%. Given the market dynamics and the company’s strategic enhancements, we believe growth can continue to exceed relatively conservative forward assumptions, implying further risk to the upside. As noted in prio ....