Alumasc Group (ALU)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

220.00p
   
  • Change Today:
    -2.50p
  • 52 Week High: 277.50
  • 52 Week Low: 130.00
  • Currency: UK Pounds
  • Shares Issued: 36.13m
  • Volume: 19,693
  • Market Cap: £79.49m
  • RiskGrade: 286
  • Beta: 0.01

Alumasc upgrades FY outlook

By Iain Gilbert

Date: Thursday 15 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Building products group Alumasc said on Thursday that it had ended the financial year ended 30 June "strongly", with demand and margins "holding up well" in the final quarter.
As a result, Alumasc expects full-year revenues to be approximately £90.0m, roughly 18% higher year-on-year, while underlying pre-tax profits were simply said to be "ahead of the board's previous expectations".

After the AIM-listed group's "record first-half performance", underlying momentum was maintained throughout the second half, with growth achieved in all three divisions against a backdrop of "resilient building and construction activity" and market share gains.

Alumasc also stated that raw material and shipping cost increases had been "successfully recovered" through sales price increases.

Net debt was cut from £4.3m on 30 June 2020 to £1.0m at the end of the half.

Alumasc said: "Demand remains strong entering the new financial year, which has started in line with management's expectations. The board is however cognisant of the potential for short-term disruption to our customers' operations from shortages of building materials, labour and road haulage; and delays in the global container shipping industry.

"Notwithstanding these risks, a strong platform is now in place which should provide the board with confidence for another strong year."

As of 0935 BST, Alumasc shares were up 0.73% 276.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Alumasc Group Market Data

Currency UK Pounds
Share Price 220.00p
Change Today -2.50p
% Change -1.12 %
52 Week High 277.50
52 Week Low 130.00
Volume 19,693
Shares Issued 36.13m
Market Cap £79.49m
Beta 0.01
RiskGrade 286

Alumasc Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
13.88% above the market average13.88% above the market average13.88% above the market average13.88% above the market average13.88% above the market average
18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average
Price Trend
55.76% above the market average55.76% above the market average55.76% above the market average55.76% above the market average55.76% above the market average
51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average
Income
91.28% above the market average91.28% above the market average91.28% above the market average91.28% above the market average91.28% above the market average
93.33% above the sector average93.33% above the sector average93.33% above the sector average93.33% above the sector average93.33% above the sector average
Growth
91.46% above the market average91.46% above the market average91.46% above the market average91.46% above the market average91.46% above the market average
84.21% above the sector average84.21% above the sector average84.21% above the sector average84.21% above the sector average84.21% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Alumasc Group Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Sep-21 25-Feb-21
Paid 29-Oct-21 06-Apr-21
Amount 6.25p 3.25p

Trades for 20-Jan-2022

Time Volume / Share Price
15:40 1,227 @ 216.55p
14:09 438 @ 220.50p
13:03 3 @ 225.00p
13:03 1 @ 225.00p
13:03 5,000 @ 217.25p

Alumasc Group Key Personnel

CEO G Paul Hooper
Finance Director Simon Dray

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