Structural growth drivers underpin long term growth
Structural undersupply of new homes
Increased urbanisation, stringent planning regulations, slow
construction rates and increases in single person households,
have all contributed to widespread housing shortages. As
Governments react with initiatives to boost housing supply,
we will see increases in demand for our products.
Regulation drives adoption of energy efficient, higher unit value solutions
The drive to reduce carbon emissions in buildings is increasing
the adoption of heat recovery systems and other energy efficient
ventilation solutions. These systems are higher in value
than traditional methods of ventilation, increasing the average
revenue from each application.
Energy efficiency improvements driven
by fuel costs and customer choice
Fuel cost increases drive energy efficiency improvements
to existing homes. In addition, actions such as turning down
thermostats to save energy increases condensation and
mould risk and thus the need for improved ventilation.
Indoor Air Quality awareness and
mould prevention clear link to health
Since Covid, there is far greater awareness of the impact that
poor air quality has on health. This, along will acute focus on
reducing mould in housing will continue to drive demand for
ventilation solutions.
Demand for premium solutions and
upsell to premium ventilation solutions
(silence, aesthetics and controls)
Public housing focus on automation and strong differentiation
in private refurbishment through quieter, more discrete designs
is leading to increasing sales of our value added ventilation
solutions. Heat recovery also represents an increasing
premium demand.