Ultraframe outlook is bright

A MILD winter on both sides of the Atlantic boosted conservatory sales for Ultraframe, based in Clitheroe, one of England's wettest towns. The warm spring in Britain has ensured further demand for its luxury conservatories with sales ahead 7% in April.

In the 26-week period ending 29 March, which included a first full period contribution from its US acquisition Four Seasons, turnover was up 72.2% on the previous interim session. Concentrating on the two profit centres of the US and Britain has paid off for the group with pre-tax profits up 14.8% to £10.5m.

Chief executive David Moore said the group is now 'well-placed to exploit the underlying growth potential' of the conservatory market as more new homes are built with the option of a conservatory.

The same trend appears to be occurring in the US, where the group is increasing its franchise and dealer base in some of the most prosperous states of America. Moore is convinced Four Seasons will be earnings enhancing throughout the current financial year. There is an 11.1% increase in the interim dividend to 3p.