Alumasc wins multiple new contracts in the Middle and Far East

1st Oct 2021 09:37

(Sharecast News) - Sustainable building products group Alumasc said on Friday that it has secured multiple new contracts in the Middle and Far East.
Alumasc stated the new deals, building on earlier contract wins, meant the sales value of the orders in question now totalled in excess of £3.5m, in aggregate.

The AIM-listed group said the contracts were for the supply of Gatic access and drainage products for a number of projects, including further Gatic access covers for the third runway at Chek Lap Kok airport in Hong Kong, Gatic access cover sales to Doha, Qatar, and Gatic Slotdrain sales to the South Harbour Expansion in Manila, the Philippines.

Alumasc added that supply had already commenced and was expected to be delivered over the next 12 months.

Chief executive Paul Hooper said: "These are excellent export wins for Alumasc that demonstrate our globally renowned quality and leading-edge products. It also endorses our position as a highly respected supplier of environmentally friendly solutions for infrastructure projects worldwide and underpins the Board's confidence for 2022."

As of 0935 BST, Alumasc shares were up 4.44% at 235.0p.