Epwin Group 2017 interim results
Sound performance in challenging market conditions
Continued top line growth in Extrusion and Moulding
Significant input cost pressure on materials due to the weakening of sterling
Will take time to pass on cost increases in current market conditions
Continuing programme of consolidating production facilities and refining operating footprint
Strong sales of award-winning Optima window profile system
Continued investment in new products and materials
Challenges with two largest customers, as notified on 16 August 2017. £3.9 million exceptional bad debt provided in respect of Entu (UK) plc administration
Net debt of £28.2 million, less than 1x EBITDA and cash conversion remains strong at 75.7%
Increase in dividend reflecting confidence in long-term outlook
