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Aluminium in building sector still showing signs of confidence in Q3 129.5x34.5 Glass News_FP_Banner_bi-folds.indd 1
The latest CAB State of the Market figures for Q3, 2015 highlighted that CAB members anticipated growth in sales (75% net balance) over the next 12 months reflecting the strength of the domestic market, which has been driven by the private housing, industrial and infrastructure sectors. The confidence shown is in line with the expectations of further economic and construction growth in 2015 and 2016.
“39% of members reported that they had been operating at over 90% capacity in the past year and 33% forecast that this would be the case in the following 12 months.”
Issue 57 December 2015
The Right People Read Glass News
IS !! TH NTH MO
CAB Chief Executive, Justin Ratcliffe, looks at the latest encouraging finds from the Association’s State of the Market Survey.
15/07/2015 13:17
In response to ten quarters of rising sales, production appears to be increasing and spare capacity absorbed. 39% of members reported that they had been operating at over 90% capacity in the past year and 33% forecast that this would be the case in the following 12 months. In addition an anticipated 74% net balance increase in plant/equipment investment for the following year (together with other capital investment metrics such as product improvement) signals wide spread confidence in members’ outlook
PAGE 54 We Take a Look at...
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HARDWARE
PAGE 50
A further significant positive to contrast with market concerns from the wider Construction market place is that 37% of CAB members are forecasting no constraints on activity over the next 12 months. However, costs had risen for 65% net balance of members over the last year and were anticipated to increase by 75% net balance over the next 12 months.
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The Headlines: • Members reported that they anticipate sales rising over the next quarter (45%) and the next 12 months (75%). • Costs continued to rise with 65% net balance reporting a rise in costs in the last 12 months (59% in Q2/2015) and 75% expecting a rise over the next year (68% in Q2/2015). • Wages & salaries (85% net balance) were reported for the 6th successive quarter as the major cost factor closely followed by Raw materials (50%), with Fuel Costs (-50% (-14% in Q2)) and Exchange rates (-6%) both negative on balance. • 39% net balance of companies expected to operate at over 90% of capacity over the next 12 months (40% in Q2/2015).
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