Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlumasc Group Regulatory News (ALU)

Share Price Information for Alumasc Group (ALU)

Share Price is delayed by 15 minutes
Get Live Data
240.00    5.00 (2.13%)
Bid:
235.00
Ask:
245.00
Spread: 10.00 (4.255%)
Market Cap: £86.30m
ALU Live PriceLast checked at - London Stock Exchange

Intraday Alumasc Group Share Chart

Interim Management Statement

15 May 2013 07:00

RNS Number : 7174E
Alumasc Group PLC
15 May 2013
Β 

ο»Ώ

Β FOR IMMEDIATE RELEASE 15 May 2013

Β 

THE ALUMASC GROUP PLC - INTERIM MANAGEMENT STATEMENT

Β 

Alumasc, the premium building and engineering products company, is publishing its final interim management statement for the year ending 30 June 2013, covering the period from 1 January 2013 to date.

Β 

Trading has continued to be satisfactory overall. Accordingly, the Board anticipates that results for the full year will be in line with its expectations.

Β 

The Building Products division has continued to outperform both a weak construction market and our own expectations, benefiting in particular from:

Β 

Β·; buoyant demand for Alumasc Insulated Renders and Gatic engineered access covers;

Β 

Β·; Levolux's large solar shading project at Chiswick Park, which is now almost complete;Β and

Β 

Β·; the Β£11million project to supply roofing and walling products to the aluminium smelter refurbishment at Kitimat in Canada. This project remains on track and is now over 50% complete.

Β 

The Engineering Products division experienced a difficult winter, with the lower demand from OEM customers signalled at the half-year stage impacting both Alumasc Precision Components (APC) and Dyson Diecastings (Dyson) in the third quarter of the financial year. Since then, there has been some modest recovery in activity levels. Steady progress continues to be made in the recovery plan at APC and Dyson remains strongly profitable.

Β 

The group's order books are healthy at Β£44 million, and cash flow performance also remains strong and in line with our expectations.

Β 

Paul Hooper, Chief Executive, commented: "It is pleasing to report that Alumasc continues to deliver a much improved trading performance, led by ongoing profitable growth in the Building Products division, and that the group is on course to achieve the Board's expectations for the full financial year".

Β 

ENDS

Β 

Enquiries:

Β 

The Alumasc Group plc

Paul Hooper (Group Chief Executive) Tel: 01536 383821

Andrew Magson (Group Finance Director) Tel: 01536 383844

Β 

Bankside Consultants

Simon Bloomfield Tel: 0207 367 8888

Jasper Randall

Β 

This Interim Management Statement has been drawn up and presented for the purposes of complying with English laws and regulations. Any liability arising out of or in connection with this Interim Management Statement will also be determined in accordance with English law.

Β 

This Interim Management Statement may contain 'forward-looking statements'. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Many of these risks and uncertainties relate to factors either beyond The Alumasc Group's control or which cannot be estimated precisely, such as future market conditions and the behaviour of the market participants. Actual outcomes and results may therefore differ materially from any outcomes or results expressed or implied by any such forward-looking statements.

Β 

Nothing in this Interim Management Statement is intended to be a profit forecast.

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
IMSQZLFFXEFLBBX
Date   Source Headline
6th Feb 20184:59 pmRNSDirector/PDMR Shareholding
1st Feb 20187:00 amRNSAcquisition
1st Feb 20187:00 amRNSHalf-year Report
26th Jan 20187:00 amRNSCompany Secretary Change
27th Oct 201711:17 amRNSResult of AGM
26th Oct 20177:00 amRNSAGM Statement
24th Oct 201711:06 amRNSDirector/PDMR Shareholding
17th Oct 20174:11 pmRNSDirector/PDMR Shareholding
17th Oct 20174:07 pmRNSDirector/PDMR Shareholding
14th Sep 201711:11 amRNSDirector/PDMR Shareholding
12th Sep 20174:54 pmRNSDirector/PDMR Shareholding
6th Sep 20179:44 amRNSHolding(s) in Company
5th Sep 20177:00 amRNSFinal Results
12th Jul 20172:22 pmRNSNotice of Results
28th Jun 20179:43 amRNSDirector/PDMR Shareholding
20th Jun 201712:48 pmRNSDirector/PDMR Shareholding
12th May 20179:39 amRNSDirector/PDMR Shareholding
28th Apr 20171:06 pmRNSDirector/PDMR Shareholding
10th Apr 20174:10 pmRNSHolding(s) in Company
10th Apr 20174:06 pmRNSHolding(s) in Company
29th Mar 20175:01 pmRNSDirector/PDMR Shareholding
13th Mar 20179:23 amRNSDirector/PDMR Shareholding
1st Mar 20179:02 amRNSDirector/PDMR Shareholding
21st Feb 20177:00 amRNS£5m contract wins
17th Feb 20172:10 pmRNSDirector/PDMR Shareholding
31st Jan 20177:00 amRNSHalf-year Report
23rd Jan 201710:35 amRNSDirector/PDMR Shareholding
6th Jan 20177:00 amRNSInterim results announcement date
5th Dec 20163:34 pmRNSHolding(s) in Company
14th Nov 201610:13 amRNSDirector/PDMR Shareholding
10th Nov 20168:59 amRNSDirector/PDMR Shareholding
7th Nov 20163:41 pmRNSDirector/PDMR Shareholding
4th Nov 20168:21 amRNSDirector/PDMR Shareholding
28th Oct 201611:02 amRNSResult of AGM
28th Oct 201610:28 amRNSNotice of Results
27th Oct 20167:00 amRNSAGM Trading Statement
18th Oct 20169:26 amRNSHolding(s) in Company
27th Sep 20163:10 pmRNSDirector/PDMR Shareholding
27th Sep 20163:08 pmRNSDirector/PDMR Shareholding
9th Sep 20161:41 pmRNSDirector/PDMR Shareholding
8th Sep 20163:09 pmRNSAmendment - Holding(s) in Company
7th Sep 201612:02 pmRNSHolding(s) in Company
2nd Sep 201612:59 pmRNSHolding(s) in Company
1st Sep 20167:00 amRNSFinal Results
26th Jul 201611:04 amRNSHolding(s) in Company
20th Jul 20167:00 amRNSNotice of Results
12th Jul 20169:13 amRNSHolding(s) in Company
5th Jul 201610:09 amRNSDirector/PDMR Shareholding
1st Jul 20163:31 pmRNSDirector/PDMR Shareholding
30th Jun 20164:50 pmRNS£4m sale of Dyson Diecastings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.