Epwin Group PLC, the vertically integrated manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement (“RMI”), new build and social housing sectors, will make the following statement in respect of current trading at today’s Annual General Meeting.
The Group continues to make progress with its strategy, focussed on operational improvement, broadening the product portfolio, selective acquisitions, cross selling and market share growth in key sectors. Trading for the first four months of the year has been in line with expectations. As highlighted in the final results announcement for the year ended 31 December 2016, input costs increased as a result of the weakening of sterling since June 2016 following the vote to leave the European Union and the Group is continuing its efforts to mitigate the increase in these costs.
Epwin Group PLC (LON:EPWN) is a manufacturer of extrusions, moldings and fabricated low maintenance building products, operating in the repair, maintenance and improvement, new build and social housing sectors. The Company operates through two segments: Extrusion and Moulding, and Fabrication and Distribution.