Solid Financial Performance by Roofline and Fascia Manufacturer

A MANUFACTURER OF ROOFLINE PRODUCTS and fascias alongside other products has reported a strong performance for the financial year despite difficult trading conditions.

Epwin Group operates the StormKing, Marbrex, KayFlow and Swish Building Products brands among others.

The company expects its underlying operating profit and adjusted profit before tax for the year ended 31 December 2019 to be in line with expectations.

Difficult second half

The news comes despite a difficult second half of the year, which the company said was because of weakening market conditions and difficulties in the wider economy.

Jon Bednall, CEO of Epwin, said: “We made further strategic progress in 2019, continuing to invest in our facilities and product range whilst reducing net debt. Overall, the Group delivered a solid trading performance despite tougher market conditions in the second half.

“Considerable headway was made with our strategy of site consolidation and broadening our product portfolio, as we continue our operational transformation, alongside advancing our product offer and routes to market.

“We believe these actions put the Group in a strong position to service its customers and markets.

“We expect to make further progress in 2020, notwithstanding continued caution about end markets, and remain confident in the long term drivers in the RMI market.”

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