END-OF-YEAR ACCOUNTS SHOW 32.8% ANNUAL GROWTH AT METROTILE UK

Housing Wed, Mar 23, 2016 10:36 AM

END-OF-YEAR ACCOUNTS SHOW 32.8% ANNUAL GROWTH AT METROTILE UK

Year-end accounts show 32.8 per cent year-on-year growth at leading lightweight steel roofing tile firm Metrotile UK.

The Chippenham-based company enjoyed sales of just over £7.1 million in its year 2014/15 which came to a close at the end of January.

Following a strong end to the year, the figure was even higher than forecast and is up by 32.8 per cent on the previous year’s sales of £5.3 million.

Pre-tax profits fell slightly from £510,000 in 2013/14 to £493,000 in 2014/15, following an investment in marketing activities of more than £300,000 as the company bids to break into the mainstream domestic construction.

John Cunningham, Managing Director of Metrotile UK, said: “It’s been an amazing year for us as we’ve sold more than one million tiles for the first time, with a record month in September of more than 120,000 tiles.

“We’re keen to keep breaking into new markets and I believe our products can have a major impact on the construction industry as a whole. Lightweight roofs have huge sustainability benefits as well as a variety of cost savings for developers and construction companies – reductions in transport costs, building materials required, depth of foundations and scaffolding requirements.

“I believe this is just the beginning for the range of products we provide and I’m looking forward to what the next 12 months hold for everyone here.”

Metrotile UK employs 17 staff in Wiltshire and around the UK.

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