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Alumasc eyes further progress as sales grow despite challenging market

ALN

Alumasc Group PLC on Tuesday said all three divisions contributed to ‘record’ results as sales increased by double-digits supporting improved profitability.

The Kettering, England-based firm which supplies building products for water and energy management said pretax profit rose 5.1% to £12.3 million in financial year June from £11.7 million the year prior, or by 9.2% on an underlying basis to a record £14.2 million from £13.0 million.

Revenue increased 13% to £113.4 million from £100.7 million, or by 7% on an organic basis.

‘All three divisions delivered record results, despite the persistence of challenging market conditions, benefitting from a sustained focus on improving productivity and efficiency’, the firm added.

Building Envelope revenue grew 11% on an organic basis, while Housebuilding Products achieved ‘exceptional’ 9% organic revenue growth and the Water Management division 15% revenue growth.

A final dividend proposed of 7.6 pence was proposed, up 4.1% from 7.3p a year ago, making the total payout 11.1p per share, up 3.3% from 10.75p.

Alumasc said medium term growth drivers ‘are strong, with supportive legislation and regulations covering energy use, water management and building safety.’

It expects financial 2026 to be second half weighted, due to the profile of overseas sales but ‘remains optimistic for another successful year of growth’.

Shares in the firm were up 0.5% at 337.50 pence each in London on Tuesday.

‘The board remains confident in Alumasc’s ability to consistently deliver strong results and navigate market headwinds, positioning us to continue to outperform the sector as we head into FY26,’ said Chief Executive Paul Hooper.

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