The latest sales figures from the Builders Merchants Building Index (BMBI) – a brand of the Builders Merchant Federation (BMF) – have revealed a 2.8% increase in Q3 2015 compared to the same quarter in 2014, and are up 1.7% on Q2 2015. Total sales for Q3 2015 were £1.38bn (ex-VAT).
Some of the smallest sectors proved to be the strongest performers: Plumbing, Heating & Electrical, up 10.4%, Workwear & Safetywear, up 9.6% and Services up 7.4%. In contrast, Renewables & Water Management was down -16.7%, with BMF Managing Director John Newcomb citing the Government’s scrapping of the Zero Carbon Standard as a possible cause.
On the whole, sales dipped in August but bounced back in September by 9.7%. However, when taking into account two fewer trading days in August, average sales value per trading day in September was £21.22m, -0.2% lower than August.
Additional Insight from GfK paints a positive picture for Builders’ Merchants. Although business confidence is falling, consumer confidence is at its highest since 2000, as homeowners are showing a greater intention to build and improve their homes, and property transactions return to pre-recession levels.
In addition to this, Chancellor George Osborne has announced the “biggest housebuilding programme since the 1970s.”
t: 01453 521 621
Delta Electronics has launched the new M300 range of Drives, designed for the most basic to the most advanced applications.Posted in Articles, Building Industry News, Building Products & Structures, Building Services, Building Systems, Hand Tools, Innovations & New Products, Plant, Equipment and Hire, Posts, Power Tools
In the latest issue of ABC&D, Metså Wood looks at further advancing the use of wood in mainstream construction with the sharing of knowledge and innovation.Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Features, Timber Buildings and Timber Products
IKO PLC’s ‘Fix that Hut’ scheme has seen Islington & Stoke Newington Sea Cadets centre donated more than 250 square metres of IKO enertherm PIR insulation to them.Posted in Articles, Building Industry News, Building Products & Structures, Insulation, Posts, Restoration & Refurbishment, Retrofit & Renovation, Roofs, Sustainability & Energy Efficiency
Aggregate Industries, a member of the LafargeHolcim Group, has acquired the aggregate and ready-mix concrete manufacturer, the Kendall Group.Posted in Articles, Building Industry News, Building Regulations & Accreditations