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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Safestyle

November 2015

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:
  • 248p
The shares inched to a new high of 257p after Safestyle, the double glazing windows specialist, released solid results with revenues and pretax profit rising 7% and 2%, respectively, to £74m and £9m. Cash increased by £6.4m to £14.9m.The volume of frames installed increased by almost 4% to 141,712 while its market share increased from 8.5% at end of 2014 to 9.5%. Average unit sales prices increased almost 3% to £517. Its outperformance partly reflects a smooth online marketing operation, which increased the number of leads by 12% to 31,095, while on 1 June it launched several new finance offers including 24 months interest free credit.Encouragingly, gross margins rose 0.8% to 37.2% thanks to pric ...

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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.

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