Merchant performance dips at end of 2007

Sales of building materials, after adjustments for inflation and differences in trading days, fell 4.4% during the last three months of 2007 compared with the same period in 2006 according to the latest figures from the BMF.
Sales were also down by 10.6% compared with the preceding three-month period, July to September 2007.

According to the BMF report, which gathers information from builders merchants throughout the country, it appears to be a similar picture wherever you go in the country with most regions reporting a fall in sales.

Nationally, heavyside materials fared best with sales up 2.6% during the period while lightside sales fell 0.4%. Mixed stock merchants saw their sales fall by 7.7%.

BMF Secretary Peter Matthews said, “The volatility in sales that has been evident throughout 2007 continued in the final quarter of the year. Whilst we would expect sales to fall in the run up to the year end, it is disappointing that sales have fallen against the same period in 2006. The results are not particularly surprising as they mirror the end of year slowdown seen in the housing market.”

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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