About Heywood Williams - Operating Market Hardware (UK/Europe)
The Group’s Hardware Division is the market leader in the sourcing and supply of hardware and door panels for, primarily, PVC windows, doors and conservatories. It has market leading positions in the UK, Ireland, Scandinavia and the Baltic states. The Division’s brands are some of the strongest in the industry, with products going to market under the Mila™, Window Ware™ or Door Panels™ brands.
The markets in which our PVC hardware and door panel businesses operate are principally the home improvement market in the UK and both the home improvement and new build housing markets in Ireland, Scandinavia and the Baltics.
Key points in 2007
- Revenue was £130.0 million, up 37.0% on 2006, helped by the strong growth of Carlisle Brass and part year benefit of the Avenco acquisition.
- Operating profit´ more than doubled to £10.5 million, (2006: £4.9 million), due to the full year benefit of Carlisle business and the part year impact of Avenco.
- The business momentum at Carlisle Brass was strong throughout 2007 and this has continued into 2008.
- Global procurement opportunities for over 800 product lines were identified and implemented during 2007 with full year benefits expected progressively during 2008.
HARDWARE: SIGNIFICANT GEOGRAPHIC AND SEGMENT SPREAD
