Nottingham celebrates opening of Green Heart
Revenue dips while pre-tax profits rise at Eurocell
Eurocell, the Derbyshire manufacturer, recycler and distributor of PVC window, door and roofline products, has seen a dip in revenue while pre-tax profits have risen in the six months ending 30 June 2024.
Adjusted profit before tax of £8m was up 33% from the same period of last year, on lower sales, driven by proactive gross margin management and reduced input costs.
Revenue, meanwhile, was down 5% on the first half of 2023 at £175.7m, with subdued repair, maintenance and improvement activity and a continuing weak new build housing market.Darren Waters, Chief Executive of Eurocell plc, said: “Trading conditions continue to be tough in 2024, with ongoing macroeconomic uncertainty impacting our key markets, exacerbated by wet weather and the General Election. Customers remain cautious, resulting in lower investment in home improvements and subdued activity levels in the residential construction market. As a result, H1 sales were 5% below H1 2023.
“However, first half adjusted profit before tax was up 33% on H1 2023, as we continue to proactively manage our gross margin and cost base, which has supported a reduction in input cost pricing, and our expectations for the full year remain unchanged.
“Earlier this year we launched our new strategy, which identified a pathway to building a £500 million revenue business, generating a 10% operating margin, over a five-year period. We have good early momentum with our new strategic initiatives and are becoming increasingly confident that, whilst this is an ambitious target, it is achievable.
“The UK construction market continues to have attractive medium and long-term growth prospects, driven by the structural deficit in new build housing and an ageing housing stock that requires increased repair and maintenance. Overall, we believe the progression of our strategy, together with the actions we have taken on cost and cash flow over the last eighteen months, leave the business well positioned to drive sustainable growth in shareholder value.”
Last chance to enter the East Midlands Bricks Awards 2024 – nominations close TODAY
- Most active agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, with the winner, and recipient of a year of marketing/publicity worth £20,000, selected from those nominated for the event’s other awards)







To be held at:

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Approval granted for 81 new homes in Earl Shilton
Approval has been granted by Hinckley and Bosworth Borough Council to develop 81 new homes in Earl Shilton.
The site – delivered by Persimmon Homes’ North Midlands team – will bring a range of new homes to the area. The development will be made up of two- to four- bed properties, with the new homes designed to meet the requirements of local buyers. The development also offers several community benefits, including funds given to educational facilities. In addition, as part of the wider development in Earl Shilton, new jobs and training opportunities will be generated as part of the development, and funds will be pledged to the local authority to support local infrastructure. Sean Barratt, Technical Director at Persimmon Homes North Midlands, said: “We’re proud to have secured approval to deliver these new homes in Earl Shilton. Our upcoming new community will bring a wide range of new benefits to the area and we’ll continue to work closely with Hinckley and Bosworth Borough Council throughout the build process to deliver on these commitments. “This development will not only generate significant job opportunities throughout the lifespan of the project but will also leave a lasting legacy of community benefits for the people of Earl Shilton and the surrounding areas.”Funding secured for Leicestershire project helping bring new talent to emerging digital sectors
- De-coding digital pathways: Teachers, careers leaders and educators will learn about digital industry careers.
- Digital Speed Trials: Work experience placements within the sector.
- Digital VIP events: Visiting employers that hosted work placements and developing knowledge built up during earlier stages.
- Digital Application Bootcamps: Young people supported with applying for technical routes into digital careers.
Howes Percival appoints first Head of Construction
CEO prepares to leave award-winning charity
Nottinghamshire community pharmacy snapped up
Sale of Lincolnshire agricultural machinery business saves 68 jobs
Leicester City FC wins appeal in Profitability and Sustainability Rules breach
Group gobbles up speciality food producer
Nominations close TOMORROW for the East Midlands Bricks Awards 2024
- Most active agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, with the winner, and recipient of a year of marketing/publicity worth £20,000, selected from those nominated for the event’s other awards)
Nominations end Thursday 5th September
Book your tickets now
Taking place on Thursday 3rd October (4:30pm – 7:30pm) in the Derek Randall Suite at the Trent Bridge Cricket Ground, tickets can now be booked for the East Midlands Bricks Awards 2024 – click here to secure yours. Connect with local decision makers over nibbles and complimentary drinks while applauding the exceptional companies and projects in our region.






To be held at:

New tenant welcomed to Chesterfield’s flagship Elder Way scheme
Nottinghamshire businesses improve efficiencies and growth with free support
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