Question posed by Glass News:
Firstly, what has 2019 been like for you, bearing in mind that it hasn’t been an easy year for anyone? And secondly, with all the uncertainty around Brexit, politics and the economy in general, plus a general election in the offing, what do you think is in store for you, personally; your company; the industry and the UK, in 2020?
John Crittenden, Managing Director
Despite industry and country-wide uncertainty that has underpinned the year, we can report a sales upturn in the aluminium window and door sector. In particular, growth of high specification doors, bi-folds and high-rise windows has resulted in strong demand for supporting hardware.
Brexit has resulted in uncertainty that has impacted the UK industry’s ability to plan for the future. Volatile exchange rates, along with raw material and freight costs, have meant prices fluctuate dramatically – this particularly affected the hardware sector as most products are purchased in US Dollars or Euros. As a commitment to our customers, we have invested heavily at Carl F Groupco to maintain supply in anticipation of Brexit, increasing stock by €1 million for the failed March deadline and a further €850,000 for October.
Though Brexit has cast a shadow over UK trading, we have stayed firm to our principles and, looking ahead to 2020, we will remain committed to our focus on innovation, quality products, service and delivery. My thanks go to our hardworking staff, loyal manufacturing partners and customers.