Sunday, July 3, 2022

Eurocell hails “positive finish to 2021”

Eurocell, the manufacturer, recycler and distributor of window, door and roofline PVC products, has praised a positive finish to 2021.

In a trading update for the year ended 31 December 2021, the Alfreton-based company said the strong sales performance previously announced for the ten months to 31 October continued through to the end of the year, supported by good underlying demand in its markets.

The business added that it has taken “effective action to mitigate ongoing cost inflation and supply chain pressures.” As a result, it now believes profit before tax for the full year will be slightly ahead of current market expectations.

Group sales for the six months to 31 December were up 23% compared to 2019 and 7% compared to 2020, with the latter reflecting a very strong second half in that year. For the year ended 31 December 2021, sales were £343 million, up 23% compared to 2019 and 33% compared to 2020.

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