Insulation industry news from Global Insulation

UK: SIG’s sales revenue grew by 17% year-on-year to Euro3.12bn in 2022 on a like-for-like basis. Market demand fell in the second half of the year with particularly slowed growth in Poland and Ireland although growth increased in the Benelux region. The group said that its commercial strategy had strengthened its positions in the markets in which it operate. It observed that although input price inflation eased in the second half of 2022 it had slowed revenue growth. The company also reported a one-off loss of around Euro5.60m in the second half due to Avonside, a large UK-based roofing contractor and one of the group's largest customers, entering financial administration.

UK: Avonside Group has appointed Bill Rumble as the managing director of its energy division. He first became the unit’s divisional director following the group’s acquisition of BillSaveUK. The company said that he had led a restructuring and refocusing of the operation resulting in a profitable and scalable business with industry leading levels of quality and service. Avonside Energy, the energy division of Avonside Group, suppliers insulation products to housebuilders in the UK.

Rumble holds a degree in manufacturing and engineering from the University of Nottingham followed by an apprenticeship with the Ministry of Defence. He held posts at the Ford, Aston Martin and Mark Group before setting up BillSaveUK in 2016.