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GGP February 2017

50 ALUMINIUM Inspiring aluminium CAB chief executive, Justin Ratcliffe, looks back at BAU 2017, comments on the growing CAB Aluminium Pavilion at The FIT Show 2017 and considers the upbeat CAB Q4, 2016 The English exodus to BAU 2017 in Munich this January was as large as I can ever remember. With the queuing to get in, the general buzz from 250,000 visitors (80,000 from abroad) and the positive comments about the UK market, there was much to discuss for the band of CAB members returning to Birmingham on the late Friday night flight. While we will never match the scale of this huge ‘Euro-Hub’ show in the UK, we can definitely look to be inspired by the spirit, ambience and positivity of the whole exhibition. The awesome scale of so many of the aluminium and glass products definitely made visitors ‘think big’. This happens to be one of the key strap lines for the UK’s FIT Show in May, but despite only filling three halls of the NEC, the exhibition still has very good reasons for using these words. It has expanded significantly since Telford and around 86% of the floorplan is already sold or reserved. CAB Aluminium Pavilion CAB’s first Aluminium Pavilion at the FIT Show is growing by the week, with 10 member companies already secured within the Pavilion at the time of going to press and interest from almost as many again. This is in addition to the 20+ CAB members who have booked their own stands within the show. The timing is good in so many ways as there are a great number of new aluminium products being launched at the exhibition with many members keen to highlight their focus on this sector. Critically, there is a growing perception that the FIT Show is simply ‘the place’ to launch new products. Aluminium’s increasing share of the domestic sector is very likely to continue with clear evidence (including results from the CAB State of Market quarterly surveys) that investment in the year ahead in new product development and machinery is set to grow. I believe that the show will have a greater focus on aluminium than any I can remember since my first ever exhibition, Interbuild 1980, where I was ‘helping out’ distribute literature on the Glostal stand. There is still time to join the CAB Pavilion and exhibit alongside a whole host of leading brands such as: Adshead Ratcliffe & Co; AkzoNobel Powder Coatings; Alpro Architectural Hardware; Aluminium Bending Specialists; Howells Patent Glazing; HW Architectural; RAICO UK; Sherwin-Williams Diversified Brands; Valspar Powder Coatings and VINCI Technology Centre UK. We look forward to announcing more companies participating in the Pavilion very shortly. Q4, 2016 CAB State of Market survey The latest survey results highlight that, despite the uncertainty that prevailed last year, there was still a lot of confidence in the future with 70% net balance of respondents expecting sales to increase over the next 12 months (60% in the next quarter). While this represents a slight lower level than in Q3, 2016 (80% and 53% respectively) the figures are considerably higher than the overall construction sector (18% and 6% respectively) which did still manage to record a 15th consecutive quarter of growth. Unsurprisingly, 84% net balance forecast that unit costs would rise in the year ahead with wages and salaries (79%), raw materials (74%) and exchange rates (72%) being the key factors. Overall, capacity levels were reported to be sufficient in Q4, given current construction output and demand. 30% of CAB members reported that they had operated at between 90% and full capacity over the last 12 months, compared to 38% in Q3. In 12 months’ time capacity utilisation is anticipated to be 90% or higher according to 35% of members. Demand was once again reported to be the key constraint to sales growth over the next 12 months by 53% of members (69% in Q3). Other constraints reported were: capacity 16%, raw materials 11% and no constraints 21%. If you are interested in finding out more about joining CAB or in taking part in our Aluminium Pavilion at the FIT Show 23 -25 May, please email me immediately at justin.ratcliffe@c-a-b.org.uk or contact me on 07970 735689. The opportunity is open to all CAB members. State of the Market survey results. www.ggpmag.com February 2017 CAB State of Market Survey Q4, 2016


GGP February 2017
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