Glass News July 2016

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D&G Consultancy reports

‘A continuation in an approving situation’

Supa™ Stainless Steel Escutcheons & Pull Bars

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Chart SC3: Fabricator Values by Sector 2015

This Spring Window Industry Forecast shows a continuation in the improving situation in the UK window and door industry extending from the short term to the long term, albeit the volume improvements are marginal and the climb back to pre-recession levels is gradual. However, 2015 saw an overall growth in the UK window and door industry, as measured by installer value of 3.5% and as measured by window profile demand, 2.7%. Since the winter both the ITEM Club and Experian Construction Forecasts have downgraded their forecasts as a result of lower anticipated household consumption and fixed investment in the UK. Additionally, global trade remains weaker than anticipated. Housebuilding has perked up but we still have to see positive policies from the Government to increase house building to the 210,000 dwellings per year widely accepted as the number needed to satisfy the chronic shortage of housing.

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Introduction to the Spring Window Industry Forecast

DOORS

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Many in the industry will be aware that the ‘G’ in D&G referred to Godfrey Arnold who sadly, and unexpectedly, passed away after a short illness in November last year. However, David Amos is now back in full harness and D&G Consulting is, thankfully, fully operational and still forecasting for our industry.

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Chart SC1: Values at Installer and Fabricator Levels 2012 to 2018

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D&G Consulting is a very well respected company whose track record in industry forecasting is remarkable for its accuracy.

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He went on to say: “The industry is notoriously ‘glass three quarters full’ and some fail to accept many of the realities and how the economy affects all the industries that are dependent upon the consumer - look at page 42 of the report, first bullet point regarding savings ratios. Sadly all the talk over the last few months has been about the referendum with all the scare stories from both sides. Despite the referendum we are still being warned that the global and EU economies are slowing and we are not immune to getting some draught from it. We are in the scenario when the best performing companies will do OK.”

Issue 64 July 2016

The Right People Read Glass News IS !! TH NTH MO

D&G Consulting has just released the Market Forecasts Spring 2016 edition for the window and door industry and, importantly, David Amos has said to Glass News: “I have also committed to revising it after this week’s referendum if the construction industry makes changes to its forecasts.”

Installers | Fabricators | Glass People | Also stocked in Trade Counters

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