Adam Jackson

It's one of the largest categories in plumbing.

So it's a major part of our industry today.

But honestly, the effects of it are only really starting to be felt now because when we order materials, we're ordering ahead and there's a bit of a lag in terms of the impact.

And we're still not really 100% sure of or with any certainty of where we're going to end up in terms of price increases.

We haven't yet.

We haven't confirmed what our price increase will be.

We're pretty well stocked at the moment.

We feel confident that we're able to supply the market for another couple of months at current rates.

But then we have further complications in terms of the cost of freight and getting the product to our customers, not only financially,

in some cases importing the cost of getting it to our factory, but then after we've manufactured the products to actually freight them out and get them to our customers.

So we're sort of being hit in a couple of different angles and every sort of layer is an additional cost really.

No, we're not.

We will be looking at a 1 July price increase.

And we're also hopeful that within the next four to six weeks, we may get a better indication of where all this will end up.

Nothing seems to be moving very quickly in the Middle East at the moment, so there's still a great deal of uncertainty of how long this will indeed go on for.

No, so for us at the moment, our key, the first issue, I guess, was ensuring supply security.

Now we feel after talking to our suppliers that we're good on that front, at least in the short term for what we can see.

So we have some certainty there, at least for the next quarter.

So then beyond that, it's very difficult to forecast

what may continue to happen in the sort of longer term six to 12 month period for example if the Strait of Hormuz remains closed what impact that has on supply lines and in fact pricing and what impact that'll have on our general economic environment and whether those residential and commercial construction projects that maybe were marginal may not go ahead