Alumasc posts strong start to new financial year

22nd Oct 2020 13:06

(Sharecast News) - Alumasc said on Thursday that it has started the new financial year "strongly" with record profits in the first quarter.

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Alumasc's Gatic wins £4m in contracts in last three months

19th May 2020 10:52

(Sharecast News) - Building products and systems company Alumasc announced on Tuesday that its subsidiary Gatic has been awarded a number of contracts in the Middle and Far East in the last three months, totalling more than £4m.

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Alumasc revenues stable amid 'challenging' market

24th Oct 2019 16:12

(Sharecast News) - Alumasc said on Thursday that first quarter group revenues from its continuing operations were similar to those of a year ago.

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Alumasc leaps on revenue growth, though profits slide

5th Sep 2019 09:11

(Sharecast News) - Shares in Alumasc surged on Thursday as it reported an increase in annual revenues and appointed two new executive group directors, though restructuring costs sent profits lower.

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Alumasc warns on profit as Levolux business mired with delays

14th Jun 2019 11:41

(Sharecast News) - Alumasc Group warned on Friday that annual underlying profit before tax will be 10-15% below prior expectations following a weaker second half performance at its solar shading and balconies business.

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Director dealings: Alumasc CEO ups stake

23rd Apr 2019 15:08

(Sharecast News) - Alumasc Group chief executive Graham Hooper purchased 36,266 ordinary shares in the London-listed building materials and fixtures supplier.

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Alumasc FY hit by severe weather, Carillion collapse and Brexit uncertainty

11th Sep 2018 08:46

(Sharecast News) - Building products group Alumasc posted a drop in full-year revenue and profit on Tuesday as it took a hit from severe weather in the third quarter, the liquidation of Carillion and Brexit uncertainty.

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Alumasc sees revenue surge in first half

31st Jan 2017 12:03

(ShareCast News) - Premium building products, systems and solutions provider Alumasc posted its interim results for the six months to 31 December on Tuesday, with revenue rising 17% to £50.7m. The London-listed firm reported a 2% uptick in underlying profit before tax to £4.1m, with underlying earni

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Thursday broker round-up

1st Sep 2016 18:52

(ShareCast News) - Virgin Money: Berenberg reiterates hold with a target price of 300p. Alumasc Group: Peel Hunt maintains buy with a 210p target. Morrisons: Goldman Sachs downgrades to sell with a 175p target. Diageo: HSBC reiterates hold with a 2350p target. Lavendon: Berenberg keeps at buy wit

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Sector movers: CRH and Balfour Beatty drag construction/materials stocks lower

9th Mar 2015 14:31

Construction and material stocks were under the weather on Monday, with the sector being dragged lower by heavyweights CRH and Balfour Beatty. CRH, which is set to pick up assets worth €6.5bn from Holcim and Lafarge as part of the cement companies' planned merger, was trading 3.5% lower after weeken

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Alumasc scores multi-million pound solar shading deal

11th Apr 2014 07:43

Alumasc Group on Friday said its solar shading subsidiary, Levolux, has won a multi-million pound order at Chiswick Park in West London. Levolux will design and install a fully motorised external solar shading solution at what is likely to be the final building on the development to be given the g

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Alumasc registers rise in profits, but pensions deficit increases

4th Feb 2014 14:26

Self-described supplier of sustainable building products Alumasc saw an 11 per cent rise in underlying interim profits, but at the same time as its pensions deficit balloned as a result of falling yields on Gilts. Sales fell by 4%, to reach £57.2m, in the six months ending on December 31st 2013.

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Tuesday broker round-up UPDATE

4th Feb 2014 09:20

Alumasc: FinnCap ups target price from 142p to 167p and retains its buy recommendation. Barratt Developments: Barclays increases target price from 444.7p to 471.2p and keeps an overweight rating. Bellway: Barclays raises target price from 1498.1p to 1552.6p, but keeps an underweight rating. Berke

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Alumasc expectations unchanged after good start to year

24th Oct 2013 15:31

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

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Alumasc dividend more than doubles as profit jumps

3rd Sep 2013 07:31

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

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