030 RCI 0417

RCI April 2017

BMBI REPORT An additional trading day this January on January 2016 contributed to 7.2% year-onyear sales value growth, according to the latest Builders Merchant Building Index. Adjusted for trading days, growth was 2.1%. Although a little cooler, January was much drier compared to 2016 benefitting external projects and contributing to stronger growth in Timber & Joinery (+8.2%) and Heavy Building Materials (+7.7%). Month on previous month Total sales value in January was 22.8% up on December 2016 but down 0.6% when adjusted for trading days (17 in December 2016, 21 in January 2017). Timber & Joinery did better (+30.2%). Index January’s Builders Merchant Building Index was 94.7. John Duffin, managing director Keylite Roof Windows and the BMBI Expert for Roof Windows, said: “Strong Quarter 4 housing and Repair, Maintenance and Improvement (RMI) performances contributed to 2016 ending on a relative high compared to the gloom many predicted. House-building registrations increased in most UK regions, apart from London. “The roof window market grew by an estimated 8-11%, with merchants enjoying strong demand from the RMI market which accounts for the majority of roof window sales. Roof windows are the practical, cost effective daylight solution which small builders are confident installing. They are a strong driver of over-the-counter business. Raw material increases, rising fuel costs and the effects of a weaker pound introduce a cautious note for Q1. Building material shortages are becoming a concern to national housebuilders who already face extended lead times and price increases. This is manageable, but the biggest threat to the industry is anything that dents consumer confidence. Brexit negotiations start soon (started Wednesday 29th March) so we must rely on political management to keep demand afloat.” John Duffin, MD Keylite Roof Windows Image: BMBI January 2017 monthly sales chart adjusted for trading days “A drier climate and extra working day this year contributed to a strong start to 2017” The Builders Merchant Building Index (BMBI) The BMBI is a brand of the BMF. The BMBI report, which is produced and managed by MRA Marketing, uses GfK’s Builders Merchant Point of Sale Tracking Data which analyses sales out data from over 80% of generalist builders’ merchants’ sales across Great Britain. The full report is on www.bmbi.co.uk. “Building material shortages are becoming a concern to national housebuilders” Test a publisher’s statement of circulation. In today’s business climate you can’t afford not to. Our ABC Certificate provides accurate, independently verified circulation figures, giving you confidence in your advertising investment. If you want to reach 8,0231 total average net circulation, then call Tony Brown on 01732 748059 or email tbrown@unity-media.com 1. Circulation figure relates to period from 01/07/2014 to 30/06/2015 For more information visit www.abc.org.uk or email info@abc.org.uk


RCI April 2017
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