{"id":57518,"date":"2019-05-24T11:18:22","date_gmt":"2019-05-24T10:18:22","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=57518"},"modified":"2019-05-24T11:20:40","modified_gmt":"2019-05-24T10:20:40","slug":"builders-merchants-q1-2019","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/plant-equipment-supplies-news\/builders-merchants-q1-2019\/57518\/","title":{"rendered":"UK builders merchants experience sales growth in Q1 2019"},"content":{"rendered":"

UK builders merchants experienced positive sales during the first quarter of the year, according to the BMF\u2019s latest Builders Merchants Building Index (BMBI)<\/h2>\n

Total Q1 sales for builders merchants were up +5.9% in 2019 compared with the same period in 2018.<\/p>\n

Landscaping products saw the strongest annual value growth of +15.6%. The two largest product categories also performed well with heavy building materials up +6.8% and timber and joinery products rising by +6.6%. Sales in all three product groups were adversely weather-affected in 2018, so a stronger performance during a relatively mild, dry winter was to be expected.<\/p>\n

There was a mixed picture for interior product groups, with decorating rising by +4.3%, ironmongery up +2.3% and kitchens and bathrooms up +1.1%, but plumbing, heating and electrical showed a marginal decrease at -0.2%.<\/p>\n

Comparing average sales a day in Q1 2019 and Q4 2018 for builders merchants also shows winners and losers. Sales of landscaping products grew by 1.9%, while the small renewables and water saving products category showed the highest increase at +6.6%.<\/p>\n

However, the comparison of month on month average sales a day (March v February 2019) was largely positive. Total month on month sales was up by +6.5%, led by landscaping at +27.7%, renewables and water saving +13.9% and heavy building materials +6.8%.<\/p>\n

The\u00a0BMBI\u00a0<\/a>uses GfK\u2019s point of sale tracking data drawn from over 80% of builders merchants sales throughout the country.<\/p>\n

John Newcomb, BMF CEO, said: \u201cOverall there are more positives than negatives within the\u00a0BMBI\u00a0<\/a>Q1 2019 results. At the moment consumer confidence is holding and homeowners continue to invest in RMI projects, but we are still living in uncertain times.<\/p>\n

\u201cNo one can say for sure what impact the prolonged uncertainty over the UK\u2019s withdrawal from the EU<\/a> will have over the course of the next 12 months.\u201d<\/p>\n

Richard Frankcom, key account director at\u00a0GfK\u00a0<\/a>added: \u201cThis time last year we were waiting to see if we\u2019d see merchant sales recover from a weather-damaged start to the year, which they did.\u00a0 This year it\u2019s more about how the political situation will affect consumer and business confidence.<\/p>\n

\u201cWith value growth still outstripping volume, inflation will be putting the squeeze on already cautious consumers who are a substantial proportion of the RMI market for merchants SME trade customers.<\/p>\n

\u201cFurthermore, any slowdown in house prices may slow the larger housebuilders land turn, which will further hit trade. Time will tell, but some political clarity would really help.\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

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