BUZZ-Safestyle UK: dives on profit warning

** Shares (Berlin: DI6.BE - news) of British windows and doors retailer -20 pct in heavy volume

** Expects 2017 FY underlying pretax profit to come in below market expectations, as demand for its products weakens amid declining customer confidence

** Co lowers expectations for 2018 saying it expects market conditions to continue to be very challenging next year

** Liberum cuts forecast estimates on stock by around 10-13 pct, keeps dividend estimates intact

** UK consumer spending power is being squeezed as inflation rises and wage growth falters

** Larger listed peer Howden Joinery (Frankfurt: 884600 - news) -1.5 pct (RM (LSE: RM.L - news) : justin.varghese.thomsonreuters.com@reuters.net)