Alumasc Reports Strong Profit Growth and Revenue Surge

Alumasc (GB:ALU) has released an update.

Alumasc Group PLC reports a robust financial performance for the year ended June 30, 2024, with a pre-tax profit surge of 16.1% to £13.0m, driven by strategic focus on sustainable solutions and strong operational execution. Revenue increased by 13% to £100.7m, despite a contraction in UK construction, with contributions from all divisions and the successful integration of ARP Group. The company’s outlook remains positive as it continues to leverage its market-leading positions in sustainable products to deliver on long-term growth strategies and shareholder value.

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