Heywood Williams: results in line with plans

UK-based PVC window, door and conservatory manufacturer Heywood Williams Group said 4 May 2006 that the group continues to perform in line with its plans. Chairman Roger Boyes said: “In the 1Q of 2006…

UK-based PVC window, door and conservatory manufacturer Heywood Williams Group said 4 May 2006 that the group continues to perform in line with its plans. Chairman Roger Boyes said: “In the 1Q of 2006, sales in our North American specialist distribution businesses were ahead of our plans due to modest additional demand from our customers as they completed one-off hurricane relief recreational vehicles and refilled their retail inventories. All of this activity is now complete. It is likely that the gains in the 1Q will be partially offset by lower demand from recreational vehicle customers during the remainder of the year due to rising energy prices”. “Our hardware distribution businesses in the UK/Europe have performed as anticipated in the 1Q of 2006. As expected, the hardware market in the U.K. has remained subdued. Sales in Europe continue to grow as we successfully expand our hardware range for timber and timber/aluminium windows”. “The objective for 2006 is to deliver planned underlying growth by driving the implementation of our four areas of future development. The Group continues to perform in line with its plans. Going forward, the Board remains determined to deliver continued progress in the performance of the Group as a whole”.