Thursday, September 4, 2025

Eurocell “resilient” in subdued trading conditions

Eurocell plc, the manufacturer and distributor of door and window products to the trade, has reported a “resilient” financial performance, against subdued trading conditions.

According to results for the six months ended 30 June 2025, revenue increased to £193.2m, up from £175.7m in the same period last year.

Adjusted profit before tax, meanwhile, was down 3% at £7.8m, which the firm said reflected higher finance costs following its acquisition of Alunet.

Eurocell noted that its full year outlook is now below previous expectations, “with trading conditions remaining subdued and continuing macroeconomic uncertainty impacting key markets.”

Darren Waters, chief executive of Eurocell plc, said: “Our first half financial performance was resilient, in the context of trading conditions that remain subdued. We delivered an increase of 9% in adjusted operating profit despite lower organic volumes, thanks to a strong contribution from Alunet and effective cost control. Our cash generation was solid and our financial position remains strong.

“We have continued to invest to maintain momentum with our strategy, and have made further progress across a broad range of initiatives. The acquisition of Alunet in March is a compelling strategic fit for Eurocell and the business has performed very well.

“While demand in our core RMI market remains sluggish, we have seen some modest early signs of an improving picture in new build housing, albeit from a very low base. We are therefore continuing to focus on cost reduction and operational improvements to drive efficiency and mitigate against the impact of delayed market recovery.

“Whilst the full year outlook is below our previous expectations, the medium and long-term growth prospects for the UK construction market remain attractive and we are well positioned to drive sustainable growth in shareholder value.”

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