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Wolseley
Announces Ninth Set of Record Interims: UK Still Leading Europe
Wolseley
announces another set of record first half results, the ninth consecutive
improvement in interim figures. The UK has been the most positive of the
Group's European markets in the first half, with demand in the RMI sector
together with social housing remaining strong.
Wolseley's US businesses performed particularly strongly in the first
six months of the year. Ferguson achieved organic sales growth of 17.0%,
including the beneficial effects of commodity price inflation, and Stock
Building Supply ('Stock') increased organic sales by 15.1% as a result
of its improved market focus, restructuring and higher lumber prices.
The businesses in the UK, Canada, the Netherlands, Italy and Luxembourg
also performed well in their respective markets. Trading margin improvements
were achieved in all three divisions with the Group trading margin up
from 5.3% in the first half of 2004 to 6.0% in the first half of this
financial year.

On
a constant currency basis, Group sales increased by 16.5% and trading
profit by 32.6% for the first six months compared to the previous comparable
period. Currency translation reduced Group sales by £249.8 million
(5.2%) and Group trading profit by £14.1 million (5.5%) in the six
month period.
After taking account of currency translation, Group sales increased by
10.4% from £4,828.3 million to £5,331.9 million. Trading profit
rose by 25.4% from £257.1 million to £322.3 million. After
deducting goodwill amortisation of £20.8 million (2004: £19.2
million), operating profit increased by 26.7% from £237.9 million
to £301.5 million.
Net interest payable was £14.3 million (2004: £11.6 million),
reflecting acquisition spending and higher working capital required to
support strong organic growth, notably in the USA. Interest cover was
21.1 times (2004: 20.5 times).
Profit before tax and goodwill amortisation increased by 25.5% from £245.5
million to £308.0 million. Profit before tax after goodwill amortisation
increased by 26.9% from £226.3 million to £287.2 million.
The increase in earnings per share before goodwill amortisation was 26.1%,
from 30.44 pence to 38.40 pence. Basic earnings per share was up 28.4%,
from 27.15 pence to 34.86 pence.
European Distribution
The results in the European Distribution division benefited from another
strong performance by Wolseley UK and PBM and underlying profit improvements
in almost all of the other European businesses.
Reported sales for this division increased by 11.2% from £2,028.0
million to £2,255.0 million, of which 5.3% was from organic growth.
Recent acquisitions accounted for £132.5 million (6.5%) of sales,
including Tobler (Switzerland) in December 2003 together with Brooks (Ireland)
and Klockner (Austria) in August 2004. Trading profit rose by 18.2% from
£107.8 million to £127.4 million.
Wolseley UK, PBM in France and the businesses in Austria (OAG), Czech
Republic (Cesaro), Hungary (Mart), the Netherlands (Wasco), Luxembourg
(CFM) and Denmark (Electro Oil), all increased their trading margin. These
improvements contributed to the overall divisional trading margin increasing
to 5.6% of sales (2004: 5.3% of sales).
In the first six months a further net 67 branches were added to the European
network, giving a total of 2,460 locations (31 July 2004: 2,393).
UK and Ireland
The UK has been the most positive of the Group's European markets in the
first half, with demand in the RMI sector together with social housing
remaining strong. The commercial sector, including government spending,
and the industrial markets are showing signs of improvement. Against the
background of slowing new residential construction, Wolseley UK recorded
a 13.6% increase in sales to £1,156.7 million (2004: £1,018.4
million). Organic growth at 7.7% outperformed the market. Wolseley UK's
gross margin improved slightly in the first half compared to the same
period last year. Brooks, the Ireland based timber and builders merchant,
also traded well, ahead of expectations.
As a result of the high rate of organic growth and continued strong cost
control, Wolseley UK's trading profit increased by more than 15% in the
first half compared to the prior year period. The trading margin improved
from 6.7% to 7.0%. This was achieved despite the major reorganisation
in the UK which is on track to complete by September 2005.
As previously announced, the second half trading margin will reflect higher
pension, restructuring and rebranding costs, and also the initial costs
of the investment in the new national and regional distribution centres.
The new national distribution centre in Leamington Spa is expected to
be operational within 18 months and the regional distribution centre,
in the North West, should open around a year thereafter. This investment
and the current initiatives to centralise control of transport and branch
inventory management, should support continued growth in the business
and enhance customer service and lead to improved margins.
During the first six months, 31 net new locations were added taking the
total number of branches for Wolseley UK (including Ireland) to 1,544
(31 July 2004: 1,513), including 18 branches added as a result of the
Brooks acquisition.
Interim Dividend
The Board has decided to pay an interim dividend of 8.80 pence per share
(2004: 7.80 pence per share) to be paid on 31 May 2005 to shareholders
on the register on 1 April 2005. This represents an increase of 12.8%
on last year's interim dividend and reflects the Board's confidence in
the future prospects of the Group and its strong financial position. It
is expected that the interim dividend will be one third of the total dividend
for the year. The dividend reinvestment plan will continue to be available
to eligible shareholders.
Outlook
Overall, market conditions in North America and the UK are expected to
remain
favourable for the remainder of this financial year and should enable
the Group to achieve further good progress, although there is likely to
be a lower rate of growth in the second half of 2005 due to the stronger
comparatives and the likely absence of further significant commodity price
inflation.
In the UK, the RMI market should continue to be the main driver of growth
with benefits arising from a relatively strong economy and further government
spending, particularly in social housing. Whilst there are risks that
consumer sentiment may soften over the remainder of the financial year,
Wolseley UK has maintained its level of organic growth, so far, in the
second half.
In France, the strong new housing market should have some positive impact
on both PBM and Brossette but growth in the RMI market is likely to remain
modest. PBM should continue the upward momentum of the first half and
Brossette, following recent initiatives to improve performance, should
see some progress in the second half.
In the rest of Continental Europe the Group's principal markets are likely
to remain broadly flat but the Group expects a continuation of the general
pattern in the first half of improved sales and profits.
It is expected that the US housing market will remain strong. The positive
RMI market is expected to continue and the strong US economy should present
further opportunities for organic growth. The improvement in the commercial
sector is expected to continue and there are the early signs of a pick
up in some industrial markets.
In Canada, the overall environment is expected to remain positive although
the new residential housing market may fall slightly from the very high
levels of 2004.
The Group is well placed to take advantage of the favourable market conditions
in its key trading markets. Additional investment in a number of business
improvement initiatives for achieving improved supply chain, sourcing
and procurement should deliver increasing benefits. The Group will continue
to pursue its objective of achieving double-digit sales and profit growth
through a combination of organic and acquisition growth.
Maytag
UK Launches New Appliances
Guests
were invited to the launch of Maytag UK's new appliance ranges on 10th
March 2005 with performance and design being the mantra of the day. Not
only were the new Amana and Maytag appliances displayed in the splendour
of Prestwold Hall, guests were treated to an exhilarating performance
driving event featuring Lamborghini's, Ferrari's, Nobles, Classic Le Mans
D Type Jaguar to name but a few, plus the opportvnity to drive a Mitsubishi
Evolution 'V' on a rally stage.
The launch saw the introduction of the Maytag TriLogy with its double
door system with a patented flexible mullion that retracts to give full
width access to the top mounted refrigerator. Available in black and white
and textured steel finish, it is also available fully clad or with doors
only in stainless steel.
Amana refrigeration has new internal specification plus a complete make
over on the outside featuring new designs in stainless steel, with new
marques, Definition and Precision. And introducing and seen for the first
time the Reflection, a cool mixture of glass, framed elegantly in stainless
steel. Maytag's new refrigeration revealed internal upgrades and new external
designs for the renowned side-by-sides SOV6O and the ZigZag. Also on display
for the first time was a new and exclusive line up of stainless steel
finished dishwashers with benchmark water consvmption, 7 wash levels and
integrated controls. New consumer brochures for both Maytag and Amana
are now available to reflect and detail the specification and design changes.
Richard Thompson Managing Director comments, 'Our new collections encompass
the ultimate in quality and design combined with genuine American functionality
and phenomenal performance. For the consumer our new lines will appeal
to those who seek aspirational design as an expression of their individual
lifestyle. For our loyal retailers, Maytag UK's new ranges expand the
portfolio of the best selling American refrigeration in the UK, delivering
more features and benefits with quality engineering that will reap the
rewards for the future and great margins to boot.'
For details of the new products launched at the show and new brochures
call your Area Sales Manager or Maytag UK on 01737 231000.
www.maytag.co.uk
New
Products Boost Profits at Aga
UK
stove maker Aga Foodservice says a growing range of products and higher
international sales helped it post a 9.7% rise in profits for 2004.
Aga, known for its upmarket oil-burning country kitchen stoves, said pre-tax
profits came in at £30.6m ($58.7m).
Looking ahead, its food trade division expects significant orders in 2005
for its new "healthy" fryer, the Infinity. Reduced oil and energy
use means the fryer costs less than half that of current machines to run.
The Infinity is currently being trialled by two fast-food chains.
The Solihull-based firm added that expansion overseas has helped it to
reduce its exposure to any downturns in consumer spending.
'We have the international market positions, products and distribution
to make 2005 an impressive year' says' William McGrath, Aga chief executive.
Aga also said it saw growth in its cookware products and planned to expand
the range this year.
Overall sales at the group increased 10.9% to £435m.
'Our performance in 2004 was pleasing,' said chief executive William McGrath.
'We have the international market positions, products and distribution
to make 2005 an impressive year.'
Aga shares were up 3% at 312 pence on the announcement.
ExCeL
Yourself at Expo
So
much more than just an exhibition, Bathrooms and Kitchens Expo 2005 is
hitting the spot with its programme of seminars and workshops that are
already booking up fast. Offering practical advice sessions (many CPD
approved) together with inspirational design insights, the programme runs
alongside the exhibition at Londons ExCeL from 8-10 May and has
something to offer every visitor from retailers to housebuilders, designers
to distributors.
The varied and inspiring programme includes contributions from TV presenter
and interior designer Naomi Cleaver, international design celebrity Sebastian
Conran, and a host of professionals each focusing on their own area of
expertise.
Making sense of colour is the subject for Lisa Pilley of ICI Dulux Trade,
while the latest regulations in lighting are covered by Chris Piff of
Franklite. A live debate chaired by Joe Simpson of Tile and Stone Journal
will look at developments in ceramic tile products while the future for
appliance design and household technology will be examined by Alessandro
Finetto, Director of Global Consumer Design at Whirlpool Europe and Steve
Martin, Education Chairman for CEDIA.
Running alongside the seminar programme is a busy series of Workshops,
many of which are RIBA CPD Approved. These include sessions on the vexed
topic of Wet Room Applications and discussion of the most effective Concealed
Bathroom Systems. In addition, very specific technical presentations give
advice on specifying the right products and on Retail Customer Service.
Organisers have worked closely with the Bathroom Manufacturers Association
and the Association of Colleges to put these hugely relevant sessions
together.
These are just some of the sessions included for 2005 in an education
programme which is rapidly becoming a major attraction at this successful
event. Organiser Clare Coe summarises: The sessions in 2003 were
packed out. The feedback we get from visitors is that while they mainly
come to see the latest products, if they can combine that experience with
education which will genuinely help their business, then thats a
huge bonus.
Visitors should register in advance for these popular sessions and the
full programme, together with a registration facility, can be accessed
at http://www.bkexpo.co.uk.
Anticipation
in the Air for Events at EXPO
Once
the premier industry event of the season is firmly confirmed in the diary,
the hopeful visitor can begin to look forward to a wave of new product
launches. Bathrooms & Kitchens EXPO 2005 will certainly not disappoint,
and the anticipation for the unveiling of many new designs and creations
is palpable.
An action-packed seminar and workshop programme at EXPO 2005 will be complemented
by over 170 varied exhibitor stands, all vying for visitor attention,
within the exhibition venue at Londons ExCeL Centre.
Visit stand D632 for a glimpse of the new Colonade Shower range from Matki
Showering. Glaverbel (UK) will also be making a valuable contribution
to the world of showers the companys new Lacobel Range can
be seen at stand J1242.
To look at kitchen design from a different angle, make your way to stand
H1100, where Microcad Software UK is releasing Autokitchen 7. The AK7
package allows professional designers and space planners to create accurate
plans, graphical displays and pricing elements.
Noltes contract division will be displaying several new ranges,
and has recently been working with a number of new homes developers to
bring the best in new build solutions for housebuilders. Meanwhile Twyford
Bathrooms is looking forward to unveiling a new range to customers and
press in a launch over 8-10 May, at EXPO.
Renowned TV personality and designer, Lawrence Llewelyn-Bowen will be
present, by appointment only on Sunday 8th and Monday 9th May, at stand
F910 to launch his new bathroom range, Venus, by RAK Ceramics UK.
It is not just the key players who are joining in with the excitement,
many supplementary industries to the bathrooms and kitchens industry are
looking forward to the EXPO 2005 launch-pad as well. One such example
is Spevka UK who will be launching a new table range, My Way, this year.
Champagne bars, motorbike racing, and if you pre-register for your
ticket entry to a prize draw for the fantastic chance to win a
weekend break to Ireland, courtesy of London City Airport, all add to
the excitement of the many product launches. With events like this, Bathrooms
& Kitchens EXPO must be a dead cert for the industry diary this year!
For more information about Bathrooms & Kitchens EXPO, further material
about the inspiring seminar and workshop programme, and to register for
your free entry to the show, click onto http://www.bkexpo.co.uk.
VitrA
to Host Seminar at EXPO
VitrA
UK will be hosting a RIBA CPD approved seminar entitled How To Live
in the Modern World for visitors to EXPO on Monday 9th May at 11.00am
in the Workshop Theatre.
Phil Baker, VitrAs national contract and specification manager,
will host the seminar, which aims to give a better understanding of how
good bathroom concepts that meet design aspirations and lifestyle needs
can be achieved despite restrictions of budget, space and time.
The hour-long seminar will explore current and future bathroom trends,
and will unveil a simple process that can be used to develop solutions
that answer modern life needs for both the domestic and commercial markets.
Seminar host Phil Baker joined VitrA in 2001 and has been the key attribute
to the companys growth within the contract market. He has over 35
years of experience within the bathroom industry.
To register for a free ticket to VitrAs How To Live in the
Modern World seminar, visit http://www.bkexpo.co.uk
and click on seminars and workshops. For further information
about VitrA telephone 01235 750 990 or visit the team at stand D740 at
EXPO.
Energy
Promotion Unfair to Indies - EST Should Change Rules says AMDEA
Appliance
manufacturers have told the boss of the Energy Savings Trust that the
multi-million pound campaign promoting energy efficient products will
only cause frustration to the customers of several thousand independent
retailers.
If a consumer tries to find domestic appliances covered by the scheme,
she will depart disappointed, says AMDEA Director General Peter
Carver in a letter to EST Chief Executive Philip Sellwood.
The rules of the scheme are structured so as to impose on retailers
complex auditing and reporting arrangements which are beyond the resources
of these small businesses.
It means a significant percentage of the retail market in this country
is effectively excluded from EEC and it is often the independents
who stock the better quality, most energy efficient product, he
adds.
AMDEA says the rules of the scheme have two anti-competitive effects.
They discriminate against the independents who are largely SMEs
in favour of large plcs. They also discriminate against suppliers
whose products are not sold by the retailers which the energy suppliers
favour.
Mr Carver tells Mr Sellwood that manufacturers have raised the issue in
meetings in the EST, who have made representations to Ofgem and Defra,
who set the rules.
But there is no sign that anything is being done, he says.
We believe EST should raise the profile of this issue, and I invite
you now to take some initiatives to ensure the rules are changed and to
prevent the market being distorted.
Tickets
on Sale for KBSA Awards Ceremony and AGM
Tickets
are now available for the Kitchen Bathroom Bedroom Specialists Association
Design Innovation Awards presentation ceremony and AGM in June.
The event will take place at the Millennium Copthorne Hotel in Slough/Windsor
on Thursday June 16th and members are asked to book places early to avoid
disappointment. For the first time this year invitations to attend have
been extended to all of the industry.
We have already had a number of bookings and were expecting
an excellent turnout for this years AGM and our inaugural Design
Innovation Awards presentation ceremony, said KBSA operations manager
Lucinda Kenny.
Our venue is a superb modern hotel offering state-of-the-art conference
facilities. Situated just 15 minutes from Heathrow Airport and two minutes
from the M4s Junction 6, it is within easy reach of Windsor Castle,
Ascot, Saville Gardens and Kew Gardens.
The AGM will begin at 3.30pm and is scheduled to close by 5pm, leaving
members plenty of time to prepare for the KBSA Design Innovation Awards
Champagne Reception at 7pm and presentation dinner at 7.45pm (followed
by dancing to a live band, carriages at 1pm).
The judging panel for the Design Innovation Awards will comprise James
Herriot of Callerton Kitchens, Martin Thomas of Denmore Kitchens, Debbie
Schwarz of The K&BZine, kitchen industry consultant Richard Crisp,
Hayley Chilver, editorial director of Essential Publishing and Milton
Barrett, group publishing director of DMG World Media.
Were delighted to have such an impressive line-up of judges
for our first Design Innovation Awards and thank the panel for making
the time to be involved, added Lucinda.
Judging will take place during April and finalists will be notified as
soon as shortlists have been drawn up.
The package price for the event incorporates attendance at the AGM, the
awards dinner plus wine and entertainment, bed and breakfast. Additionally
there is a limited special offer discount for retail members full
details are available from KBSA head office, telephone 01905 621787. Non-members
who are interested in attending should contact head office for details.
Ceramica
Dolomite 'Sales' in to Spring
To
support retailers during the traditional spring sale period, Ceramica
Dolomite will be running a promotion starting Thursday 24th March 2005
in order to boost sales of the brand. This promotion will run throughout
the months of April, May and June 2005 and will be on the following Ceramica
Dolomite products: Pasadena, Capitol, and (pictured) Westside suites,
the Ascento range, and Romagna, Oriana and Diadema brassware.
During the promotional period, retailers will be able to purchase items
from the above product ranges with an additional 10% discount, therefore
new terms on these will be retail less 50%.
The Ceramica Dolomite Spring Sale is a further incentive to support retailers
in helping establishing the brand in the bathroom market and offering
consumers a cosmopolitan and contemporary selection of bathroom suites
and furniture.
Pictured above, the Ceramica Dolomite Westside suite is just one of the
attractive, functional and affordable suites from this extensive bathroom
collection.
For further information on Ceramica Dolomite, please call 01782 645406
or visit www.ceramicadolomite.co.uk
Lofra
Announces New Distribution with D.A.D
Cooker
manufacturer, Lofra, has signed a new distribution deal with Domestic
Appliance Distributor (D.A.D).
D.A.D, specialist distributior to independent electrical retailers, kitchen
specialists, and regional multiples, will be distributing the entire Lofra
range.
Chris Rogers, sales and marketing director for Lofra UK, commented:
'The Lofra range will complement DADs existing portfolio as we will
be supplying the company with a full range of gas, electric and dual fuel,
free-standing and range cookers.
'We are delighted to be working with DAD and believe the company will
be fundamental to the growth of the Lofra business across the UK.'
For further information on the Lofra range, contact 01675 479 600.
In-Sink-Erator
Launches UKs First Waste Disposal Installer Club
Food
waste disposer manufacturer, In-Sink-Erator, has launched the UKs
first official food waste disposer Installer Club.
With a growing demand for food waste disposers in todays modern
kitchen, In-Sink-Erator is keen to ensure that consumers have access to
professionally qualified and registered plumbers.
And by setting up an official Installer Club, In-Sink-Erator can direct
consumers to registered members, giving the consumer peace of mind as
well as driving new business to the installer.
Ashley Munden, sales and marketing director for In-Sink-Erator, commented:
'Not only have we recorded a 50 per cent increase in sales of food waste
disposers in the last three years, but new research has recently revealed
that as many as one in six of us want a disposer to deal with leftover
food in the kitchen.
'In response to the increasing demand for disposers we have set up a dedicated
hotline for installers and consumers, and we are already receiving a number
of calls about installations. It was therefore a logical step to set up
an Installer Club, where we can direct these calls to registered members.'
In-Sink-Erator is predicting a further boom for the food waste disposer
industry as councils up and down the country introduce compulsory recycling
schemes in order to reduce waste to landfill.
And food waste, which accounts for approximately 25 per cent of household
rubbish, can be dealt with conveniently, hygienically and responsibly
by using a disposer.
Ashley added: 'In order to reduce waste to landfill, councils across the
UK are introducing recycling schemes with alternate weekly collections
of domestic food waste and recyclables. This not only means people have
more waste to deal with but they have to separate waste into different
bins. Homeowners not complying with such schemes can even face hefty fines.
'Installing a disposer not only reduces rubbish output, but it negates
the need for a separate food bin and prevents food waste from festering
in the wheelie bin for two weeks. On this basis, were expecting
the demand for disposers to significantly increase in the next few years.'
For further information on registering as an In-Sink-Erator installer,
call 01923 297880.
BSH
Set to Unveil New UK Brand at Amdea Show 2005
UK
household appliance group, BSH Home Appliances Ltd has chosen AMDEA Show
2005 in April as the launch platform for an exciting new appliance brand.
Following on from an extensive 2-year brand-positioning project to define
individual strategies and create clear identities for each of the four
existing BSH brands, the company has identified a new area of activity
to be targeted by a total newcomer to the UK.
The new brand being launched simultaneously in France and Italy
as well as the UK - will become the fifth component of the groups
successful UK appliance portfolio, currently comprising the well-known
names of Bosch, Neff, Siemens and Gaggenau.
With all the hallmarks of the BSH name, the new brand will initially focus
on a range of freestanding products targeted to a younger, more price
conscious consumer. All the new brands appliances come out of BSHs
own factories to guarantee that they are engineered to a very high standard.
The company has declined to reveal the name of the new brand or any more
details of the appliance range at this stage, as it plans to keep this
information under wraps until the start of the AMDEA Show on 24th April
2005.
Comments BSH Strategic Development Director, Steve Holton: This
is a new, vibrant brand with a totally fresh approach, very different
to the rest of our brand portfolio. It will also offer well-engineered
functionality, no gimmicks, concentrating on what really matters and with
better quality than comparable value for money brands.
Peter Carver, Director General of AMDEA comments: There could be
no greater confirmation that the AMDEA Show really is the place
to be for manufacturers than BSHs decision to unveil its new
brand there. They know it is the ideal platform from which to launch new
product, not just to their regular customer base, but also to a large
number of other retailers. And its another reason for all dealers
to make sure they register for the Show!
Bosch, Neff and Siemens will also be exhibiting at the Amdea show where
new ranges will be on display from all three kitchen appliance companies.
The AMDEA 2005 Domestic Appliance Show takes place in Hall 12 of the NEC
in Birmingham from 24th 26th April 2005. For more details and to
register, visit http://www.amdea.org.uk/show-2005
Uform
Joins Forces with ArtiCAD and Easyquote
The complete Uform product portfolio is now integrated within both the
ArtiCAD and easyquote software packages.
ArtiCAD, the Computer Aided Design technology, enables the user to bring
photo-realistic clarity to design graphics, which can be altered and enhanced
with minimal effort and viewed at many different elevations and perspectives.
The easyquote software system provides access to the latest Uform products
and prices in a product library, allowing the user to build quotes at
the touch of a button, saving hours of input and administration time.
Eamon Donnelly, Uform Managing Director, states, The entire ordering
process has been made much more efficient and user friendly. The seamless
link that exists between the two software systems provides a complete
management solution, right from design stage to quotations. We believe
that by forming these partnerships we can offer our customers the ultimate
design and pricing applications, thereby enhancing the overall efficacy
of the buying experience.
Tel: 028 7930 1166
William
Ball Teams Up with Neff
Kitchen furniture manufacturer, William Ball, has teamed up with Neff
to offer its customers a broader choice of appliances.
William Ball customers can currently purchase Belling appliances from
William Ball, which are delivered with the kitchen furniture, but in this
latest move, a much broader appliance offer is going to be provided.
The full Neff portfolio will be introduced into William Balls latest
trade product and price guide.
Terry Ball, joint managing director of William Ball says: The synergy
between the William Ball and Neff brands is an ideal match Neff
has a reputation for quality which sits exactly with our furniture. I
believe that our customers will benefit hugely from the additional choice
of appliances that we will be able to offer and the convenience of being
able purchase them directly from a single supplier.
Tel: 0800 581107
Web: http://www.wball.co.uk
Tretzo
Expands with Investment Support
Armagh-based Tretzo says that it has transformed itself from regional
celebrity status to one of Europes most innovative bathroom furniture
manufacturers and Irelands leading company in this market. This
has been due to the dedication of the management team and the tangible
support from Invest Northern Ireland.
Invest
NIs role is to change Northern Ireland into a high growth economy
driven by innovation and enterprise. Specialist consultants ensure that
companies receive the best advice and assistance, tailored to their needs.
In Tretzos case it was help with marketing and exporting.
To be successful Tretzo had to launch its modern, minimal bathroom furniture
designs into the ROI, UK mainland and other European countries. The five
year programme is rolling out with just the acceleration the company needs
at each stage (around 70% growth in the last two years). Now well-known
in the whole of Ireland, it has formed strategic alliances with the famous
Jacuzzi & Shires brands and landed several major projects in the UK,
including two large high spec developments in Bradford with over 500 sets
of bathroom furniture. Several more are in progress.
Invest NI support with marketing has been beneficial and recent exhibitions
showing the companys products in UK, France and the Far East has
demonstrated to Tretzo how important it is to be a leader rather than
a follower in product design. 'We have exciting new plans in development
which will further position our company as a European and global leader
in our market' says managing director Geoff Clarke. 'Recent research undertaken
by us also indicates we are far outperforming quite a number of our European
competitors.
'The business is at the stage where we are trading successfully with the
established brands Sixes, Zero and Module - but as a management
team we are also working intensely with our designers to develop the next
exciting product ranges. Its a balance between managing new and
existing customer requirements to a high level and setting serious time
aside to develop our new ideas. Invest NI advisors have been, and
continue to be, respected partners on this journey.'
Tel: 028 3752 3735
Email:
mailto:sales@tretzo.com
Web: http://www.tretzo.com
Gold
for Neff At 2005 'House Beautiful' Awards
Built in appliance specialist, Neff has won one of the top prizes at this
year's prestigious 'House Beautiful' magazine awards.
The
winning appliance is the company's 'Point & Twist' ceramic hob model
T1583, designed for safety and practicality, as well as good looks. It
has a removable central magnetic control knob, which can be hidden away
when the appliance is not in use for total safety at all times.
The Gold award was presented to Neff for the 'Appliance Innovation of
the Year' at the 3rd annual 'House Beautiful' Magazine Awards ceremony
held this year at BAFTA in London's Piccadilly on 9th March 2005.
Hosted by 'House Beautiful' editor, Kerryn Harper, the star-studded event
was attended by many luminaries from the media design world including
Jeff Banks, Graham Wynne, Lawrence Llewelyn-Bowen, Justin Ryan & Colin
McAllister, Linda Barker and Tommy Walsh to name but a few.
As well as winning the 'Appliance Innovation of the Year' category, Neff
was also shortlisted for the Best Advertisement of the Year' for the D99T7
extractor hood advertisement currently starring in key home interest titles.
Comments Neff Brand Manager, Hannah Watson: The new Neff range is
full of innovative appliances like the T1583 hob and it is always so exciting
when this is widely acknowledged. We were up against some stiff competition
this year and are absolutely delighted to win Gold at these prestigious
awards
For brochures & stockists, call 0870 513 3090 or visit http://www.neff.co.uk
Electrolux
Products Win Five Prestigious 'red dot' Design Awards
Five
Electrolux products including the Ergorapido 2 in 1, Oxy3 system vacuum
cleaner and the AEG-Electrolux Favorit 84985 Vi 90cm dishwasher have been
recognised for their excellence in product design at the 50th red dot
design awards. The 2005 red dot competition ranks as one of the largest
and most prestigious in the design industry. Over 4,000 entries from 40
countries compete for the red dot, an international seal of quality for
outstanding design.
A
panel of internationally respected design experts judge the red dot awards.
The selection criteria includes degree of innovation, practicality, quality,
symbolic and emotional content, as well as ergonomics and ecological compatibility.
'The award confirms the success of Electrolux at integrating dynamic design
elements with concrete consumer needs,' states Henrik Otto, Senior Vice
President of Global Design at Electrolux, 'This drive, to meet their specific
needs, continues to have a major impact on how we develop household appliances
and a recognition of this calibre can only confirm we are on the right
path'.
The stylish Ergorapido 2-in-1 vacuum cleaner by Electrolux was awarded
a red dot for product design. This new combined handheld and upright cleaner,
designed by an Electrolux team led by Swedish duo Esbjörn Svantesson
and Christian Ågren, has a unique design and compact shape that
adds a touch of flair to any room and does not have to be hidden from
view. With its compact size, the battery-operated Ergorapido 2-in-1 is
one of the most effective and quietest cleaners on the market.
A red dot award was also given to the Oxy3system vacuum cleaner, again
designed by a team headed up by Svantesson and Ågren. The Oxy3system
has a sealed system that eliminates the leakage of hazardous particles
and odour. An improved nozzle provides all-round suction performance,
and contributes towards dust collection being much better than in a traditional
vacuum cleaner. The blue display light in combination with an easy to
use and appealing design has lead the jury at red dot to award this second
product from Electrolux.
The
winning Favorit 84985 Vi 90cm dishwasher was developed for the AEG-Electrolux
brand by the in-house design team led by leading Italian designer Roberto
Pezzetta. The appliance was conceived keeping consumer demand and comfort
in mind: The products horizontal design respects the line of the
modern kitchen, while the exclusive interiors accessories make it
easy to use. The choice of programmes includes an automatic programme
which selects the optimum wash, rinse and drying phases to give perfect
cleaning performance.
The fourth award went to the finely crafted, high quality, aluminium Electrolux
Wine Keeper, developed by an Italian based team lead by German designer
Martin Beeh. This appliance can store 107 bottles of all types of wine,
at the optimal temperature, on six different shelves. In addition to storing
wine and champagne, the Wine Keeper includes a special compartment to
hold cigars and food items. The front glass panel, internal lighting and
sleek design of the appliance ensure it compliments any modern kitchen.
The final red dot was awarded to the CaFamosa espresso machine, which
was designed by product designer Rainer Mendler and his team in Germany.
CaFamosa integrates the high-performance technology of big machines into
a compact design-style body. CaFamosa includes clever features: the machine
grinds, dispenses, presses, brews and cleans all by itself.
Electrolux Major Appliances:
For brochure and stockist information, call 08705 950 950 or visit the
website: http://www.electrolux.co.uk
Trade Enquiries:
Electrolux Floorcare Trade Sales: 08705 146146
Electrolux Major Appliances:
Freestanding Tel: 08705 650 650 or Fax: 01753 872 571
Built-In Tel: 08705 822 886 or Fax: 01753 872 403
Blue
Ribbon Bathroom Promotion Provides Spring Boost for Retailers
In support of its growing UK network of stockists and to provide a spring
boost to sales during one of the key bathroom buying periods, British
manufacturer Imperial Bathrooms has rolled out its Blue
Ribbon promotion.
Running
throughout April and May and encompassing the important and busy Easter
Monday and Spring Bank Monday holiday periods, the promotion centres on
two of Imperials popular ranges the traditional Westminster
and the timeless Classic ranges.
Throughout this important selling period, customers will be able to make
substantial savings when purchasing a four-piece set package of sanitaryware
with matching toilet seat on each of these ranges. While the offer on
the Westminster range includes a large or medium basin, pedestal, cc pan,
cc cistern and wooden toilet seat, the Classic range offer includes large
basin, pedestal, cc pan, cc cistern and wooden toilet seat.
Managing Director, Antonio Garrido, said: 'Our latest major promotion
featuring the Isis and Amena ranges was a resounding success and we feel
confident that this latest Blue Ribbon offer will exceed past performance
given its timing and product offering. The Classic and Westminster ranges
have always been extremely popular and our no frills package will provide
a welcome boost to both retailers and consumers pockets.'
He added: 'The Blue Ribbon promotion kick starts a hive of activity for
Imperial that that will span throughout the rest of the year and beyond.
This includes further promotions and exciting new product launches.'
In advance of the promotion, Imperial has provided retailers with a dedicated
pack of promotional material for their showrooms that includes eye-catching
point of sale displays. Complete with yards of cascading blue ribbon designed
to emulate running tap water, the specially designed POS material serves
to draw the consumers attention to the competitive retail price
points across both ranges. Regional press activity will also ensue.
For a retailer pack including all details and POS support material, contact
Imperial Bathrooms help desk on: 0870 6061623.
B&Q
Roadshow Shows off Hotpoint Product
Hotpoint's American fridge freezer was the grand prize at a B&Q
Showroom roadshow. The week long event at Bruntingthorpe
Air Field, Leicestershire, was attended by over 1,000 employees from
the 330 B&Q stores nationwide.
B&Q hold 4 roadshows per year for different departments within the
company, this time from the kitchen, bedroom and bathroom department.
The Showroom roadshow allowed staff to view new products
and gain training on key features, following a comprehensive sales briefing.

Kerry
Davis, competition winner and Terry Reynolds, Channel Manager, Indesit
Company, with the Hotpoint FFU23X Fridge Freezer
Manufacturers
at the roadshow donated prizes throughout the week, to be won by staff
members. Promoting staff interaction and the benefits of product training,
the competitions included a difficult question that could only be answered
with the help of the Product Managers. Kerry Davis, a Sales Consultant
at B&Q's Telford store, was the lucky winner of Hotpoint's FFU23X
Side by Side Fridge Freezer which offers a host of features, including
a refreshment centre allowing easy access to drinks and snacks without
the need to keep opening the fridge door.
Terry Reynolds, Channel Manager, Indesit Company, comments, The
roadshows are an excellent way to bring B&Q staff together and a
great opportunity for us to gain feedback about our products and explain
the key features. Our US Cooling received a lot of interest from staff
and we are pleased that Kerry was so impressed with her prize.
For further information on Hotpoint please call 08701 50 60 70 or visit
http://www.hotpoint.co.uk
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