Trade Press Announcement
Ultraframe Plc, the leading specialist designer of conservatory systems in Europe and North America, today announces preliminary results for the 52 weeks ended 30 September
Ultraframe UK are pleased with what we’ve achieved in partnership with our customers and suppliers in this, a difficult year for the industry. We are confident that the strategy we are following is right. This year has been one of consolidation as we have rebased our business and established firm foundations for our future.
Our vision is one of an agile, customer focused organisation, delivering value added products and services to all our customer groups. Our partnership with our customers and suppliers is critical to our success and it is vital that we continue to work with them over the coming months towards our common goals.
On 7th December 2005, Ultraframe plc, Ultraframe (UK) Ltd’s parent company, announced their preliminary results for the financial year ending 30th September 2005. They also stated that plc Group have initiated a strategic review to explore options for the Group to maximise shareholder value.
Vanda Murray OBE, Managing Director, Ultraframe (UK) Ltd: “This is a normal part of the remit of any plc board and as such, it’s much too early to speculate on the outcome of the review. It’s important to state that it is business as usual for the UK business. We have a clear strategy which is delivering to our expectations. We are self financing and cash generative and this year achieved a healthy Return on Sales in challenging competitive and consumer conditions.
“Our ongoing commitment to innovation means that we have an extensive product portfolio that meets the needs of all our customer groups. We have already significantly reduced our costs and improved productivity and are repositioning our business for the changing market conditions. I am confident that Ultraframe UK will continue to work with our employees, suppliers and customers to ensure a strong future for our business.”
7th December 2005
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For further media information, contact Ashleigh Fleming or Olivia Wray, 020 7554 4474 or 07779 053783, ashleigh@chromeconsulting.com
About Ultraframe
Ultraframe delivers innovative and quality conservatory roof systems and services to suit all styles, all applications, all consumers and every price point. The market leading company invests heavily in research and development to provide the most technologically advanced and stylish conservatory roofing solutions, maximising light and space. Ultraframe is at the forefront of conservatory design and its systems are widely used for home improvement, new housing and commercial applications in the UK and Europe.
