Alumasc Group Share News (ALU)

Alumasc expectations unchanged after good start to year

Building and engineering products group Alumasc said it had made a good start to the new financial year and maintained the momentum of the previous 12 months. Revenues have tracked slightly ahead of last year's levels since the start of July and it reported further expansion in its operating margi

Alumasc Group Says First-Quarter Revenues Slightly Up On Last Year

DIRECTOR DEALINGS: Alumasc Chief Executive And Finance Director Acquire Shares

Alumasc dividend more than doubles as profit jumps

Alumasc more than doubled its annual dividend after a surge in annual profits driven by building products sales in the UK and Canada. The building and engineering products group increased the full-year dividend to 4.5p from 2.0p based on recovering profits and strong cash-flow. Underlying profit b

Alumasc profit to beat expectations

Strong sales of building products have powered Alumasc's full-year profit ahead of management's previous expectations. Revenues in building products rose almost 20% in the year to June 30th, well ahead of the wider UK construction market, the building and engineering products supplier said in a tra

Sector movers: Construction stocks lifted by decent US data

Construction and materials stocks were making strong gains on Thursday afternoon after some decent economic data from the US boosted the outlook for demand. American jobless claims and a key manufacturing survey came in better than forecasts today, sending London's benchmark index up over 1.0%. Mea

Alumasc profits deeply disappointing

Building and engineering products group, Alumasc, saw profits slump after serious problems at its engineering arm hit full year results. Underlying profit before tax came in at £1.6m in the year to the end of June, compared with £4.3m the year before. Chairman John McColl called it "a deeply disap

Alumasc make progress with recovery plan

Alumasc, a building and engineering products company, has said its profit recovery plan is now well under way, following serious difficulties with the group's Alumasc Precision Components (APC) operation. The recovery plan has been built around the appointment of a new divisional Managing Director,

Alumasc to supply multi-million pound roof

Building and engineering products group Alumasc has won a 10 million pound contract to supply roofing to a large aluminium smelter in Canada. The firm said the majority of the revenue and profit from the new contract was expected to come in its financial years ending 30 June 2013 and 30 June 2014.