Saturday, April 27, 2024

Kettering-based sustainable building products, systems and solutions group hails strong year

Alumasc, the Kettering-based sustainable building products, systems and solutions group, has hailed a strong performance across all divisions in results for the year ended 30 June 2022.

Revenues grew by 15% from £77.8 million in the prior year to £89.4 million, while underlying pre-tax profits grew from £10 million to £12.7 million.

Paul Hooper, Chief Executive, said: “These results mark a pivotal moment for Alumasc. I am delighted to report this excellent set of results across our core businesses, with the strong sustainability-linked and export sales demonstrating our growth potential.

“With the disposal of Levolux on 26 August, we now have a simplified business model and can focus our energies on growing our core businesses, with their respected brands and significant market opportunities.

“Despite the current macroeconomic uncertainty, FY23 trading to date has remained robust and order books are strong, and we remain confident in the group’s future performance.”

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