Superglass warns on challenging market and cost pressures

Superglass, a manufacturer of glass mineral fibre insulation products, has warned shareholders that market conditions in the UK continued to be 'extremely challenging' and 'remain difficult to predict' and said a stronger than anticipated demand for volume commodity products has had a negative impact on its average sales price.

Superglass, a manufacturer of glass mineral fibre insulation products, has warned shareholders that market conditions in the UK continued to be 'extremely challenging' and 'remain difficult to predict' and said a stronger than anticipated demand for volume commodity products has had a negative impact on its average sales price.

The firm added that overall market conditions are also affecting prices.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.