Doors and windows maker Lupus Capital said trading in the first four month of 2011 was in line with management's expectations.

Sales during the period were around 5% below the level seen in the corresponding period of last year, or 4% on a constant currency basis.

The company noted, however, that last year saw figures boosted by various one-off items, especially in North America.

"Upward pricing pressures continue to affect input costs across all of our businesses; however to date we have been successful in recovering these increases and have maintained our close focus on overheads," the company said.

Reiterating previous outlook comments, the company said it is not banking on any further material improvements in trading conditions in its building products markets this year.

The picture is brighter in the Oil Services division, where the strength of the order books gives rise to hopes of a solid performance this year.

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