Market Opportunity - £55bn market opportunity
Market Drivers – long term structural growth
Changing
demographics are
fuelling the need for
new buildings
Only 36% of buildings are
maintained to a satisfactory
level =
high future demand
27.8m homes across
the UK - our markets
have vast potential
Targeting the buoyant RMI market
Lords is favorably focused on the Repairs, Maintenance and Improvement (‘RMI’) sector of the wider construction market
Competitive environment – highly fragmented
The builders merchant market is highly fragmented - 2,300 merchants with Nationals making up 51% of revenues
Lords makes up just over 1% of industry turnover – vast opportunity
