Full Year Results 

Epwin priced for a downturn

Epwin priced for a downturn

Like any business, Epwin (EPWN) strives to build operational efficiencies, but the building products manufacturer – a cyclical game if ever there was one – is hostage to external factors. Pundits say we’re nearing the end of the economic cycle, yet a first-quarter 2019 trade survey from the Construction Products Association (CPA) revealed a net balance of 46 per cent of manufacturers experiencing a rise in sales during the quarter, although the CPA also warned of a noticeable slowing in investment in new buildings and plant.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now