Industry News

Building materials market growing strongly, BMF KPI Report shows

The Builders Merchants Federation (BMF) has issued its 2016 Key Performance Indicators Report.

The publication gives a picture of how builders merchants’ businesses fared during the twelve months ending April 2016.

According to the report, the building materials market during the period of this report has experienced strong growth. The BMF Sales Indicators reported that for the 12 months ended April 2016 compared with the previous 12 month period, total sales by merchants had increased by 6.2%.

Compared to April 2015, output in the construction industry decreased by 3.7% in April 2016. The underlying pattern as suggested by the 3 month on 3 month movement in output in the construction industry decreased by 2.1%. There was a decrease of 3.3% in all repair and maintenance compared with the same period last year; housing and non-housing repair and maintenance reported decreases of 4.2% and 2.5% respectively.

However on the year, total housing increased by 0.9% compared with April 2015. The main contributor was private new housing which increased by 5.8%, offset by public new housing which decreased by 20.7%. This was the 12th consecutive period of year-on-year decreases in public new housing. 

John Newcomb, Managing Director of the BMF, commented: “Economic and political uncertainty in the run-up to the EU referendum was expected to cause a slow-down in the construction sector. However, sales data from our builders’ merchant members is telling a very different story. 2015/16 sales were up on last year and the merchant market experienced an 8.4% increase between April 2016 and April 2015. We are confident that our members will continue to perform strongly, and the BMF will work with the Government to ensure the best outcomes for our members as the Brexit deal is negotiated.”

To request a copy of the report, contact Richard Ellithorne, BMF Membership Services Director, at [email protected].

 

[News URL: http://cti-timber.org/content/building-materials-market-growing-strongly-bmf-kpi-report-shows]

BMF opens first Regional Centre of Excellence in Nottingham

The Builders Merchants Federation (BMF) has opened its first Regional Centre of Excellence as part of a localisation programme designed to strengthen the organisation’s regional presence and add to the support it offers members in their geographic area.

The BMF will establish up to 24 Centres of Excellence, two in each of its twelve regions, in the coming months.

The first Centre of Excellence is at The Green Energy Centre at John A Stephens in Nottingham. Opened just ten years ago, the £2m centre will be used as a regional hub and centre for BMF training in the East Midlands.  As such it will host regional meetings and forums as well as training courses for members in that area.

The BMF will be run its first Regional Training Programme, comprising three different training courses, at the Green Energy Centre In November. The next East Midlands Regional Meeting will also be held there.

Sites for BMF Centres of Excellence have already been identified in Scotland, Northern Ireland, North West, Eastern, South West and West Midland Regions.  Details of these will be announced at Members Day on 21st September.

Commenting on the new initiative, BMF MD, John Newcomb said: “We have been working with members to identify appropriate spaces as regional hubs where local groups can come together for meetings and training.  The Green Energy Centre is a superb example and I’m sure it will play an important role in servicing the needs of our members in the East Midlands.”

Mr Newcomb added: "Localisation is an important strategy for the BMF going forward. With a network of Regional Centres of Excellence alongside our enhanced Regional Management team we are in an excellent position to engage with our growing membership on their home ground.” 

 

[News URL: http://www.cti-timber.org/content/bmf-opens-first-regional-centre-excellence-nottingham]