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ALU Alumasc Group Plc

182.50
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alumasc Group Plc LSE:ALU London Ordinary Share GB0000280353 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 182.50 180.00 185.00 182.50 182.50 182.50 26,743 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 89.57M 6.6M 0.1844 9.90 65.35M

Alumasc Group PLC £5m contract wins (3741X)

21/02/2017 7:00am

UK Regulatory


Alumasc (LSE:ALU)
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TIDMALU

RNS Number : 3741X

Alumasc Group PLC

21 February 2017

Announcement 21 February 2017

The Alumasc Group Plc ("Alumasc" or the "Group")

THE ALUMASC GROUP PLC - CONTRACT WINS

Alumasc (ALU.L), the premium building products, systems and solutions group, is pleased to announce that since the publication of its interim results on 31 January 2017, Levolux has secured three contracts to supply bespoke balcony and balustrading systems in the UK. The total value of these new project wins is approximately GBP5.0 million and will benefit the group's next two financial years.

As a result of these and other new work wins, Alumasc's overall order books have risen to GBP32.9 million, a new record level. This follows a 17% rise in Alumasc's first half revenues to GBP50.7 million, well ahead of UK construction market growth.

Paul Hooper, Alumasc's Chief Executive commented:

"The emerging success of Levolux's relatively new balconies business is an exciting development for Alumasc and demonstrates the group's ability to leverage its proven expertise in the design and manufacture of specialist building products into significant new markets. We are pleased with the continued development of the group's overall order books, which supports the Board's expectation for further sustainable growth across our business into the medium term."

Enquiries:

The Alumasc Group plc

Paul Hooper (Chief Executive)

01536 383821

Andrew Magson (Finance Director)

01536 383844

Glenmill Partners Limited

Simon Bloomfield 07771 758514

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 21, 2017 02:00 ET (07:00 GMT)

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