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.
Read moreAlumasc 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.
Read moreAlumasc 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
Read moreThursday 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
Read moreSector 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
Read moreAlumasc 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
Read moreAlumasc 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.
Read moreTuesday 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
Read moreAlumasc 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
Read moreAlumasc 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
Read moreAlumasc profit to beat expectations
12th Jul 2013 07:50
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
Read moreSector movers: Construction stocks lifted by decent US data
24th Jan 2013 15:37
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
Read moreAlumasc profits deeply disappointing
4th Sep 2012 11:02
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
Read moreAlumasc make progress with recovery plan
18th May 2012 14:29
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,
Read moreAlumasc to supply multi-million pound roof
26th Mar 2012 09:59
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.
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