FIA Market Conditions Review Reveals Rising Tender Prices – But Margins still Squeezed

The Fire Industry Association (FIA) has published its latest Market Conditions Review, which canvasses both FIA- and non-FIA members about their business fortunes over the previous six months.

The fourth edition of the biannual report  revealed a number of insights, not least:

• Fire sector continues to grow with orders, invites to tender and enquires all showing strong increases when compared to the previous six months
• Tender prices are beginning to increase but in general not at the same rate as supplier prices and thus margins still remain ‘squeezed’
• Growth in the sector is also resulting in an increased need for skilled labour and training

“This is great news for the UK’s fire sector and most notably for FIA Members who in the last six months have received 40% more invitations to tender than did non-members,” says outgoing FIA CEO Graham Ellicott.

You can download the fourth FIA Market Condition Review for free from the FIA website.

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