Alumasc Group Plc · LSE:ALU
Alumasc — Investor Presentation (February 2026)
18 slides from Alumasc's investor presentation, February 2026
Slide 1: Introduction to Alumasc
Introduction to Alumasc February 2026
Slide 2: Alumasc: Who We Are
Alumasc: Who We Are We design, manufacture and supply high - quality, durable and environmentally - efficient products that provide market - leading solutions to help tackle the sustainability and climate challenges facing the built environment. The Alumasc Group plc 2
Slide 3: Who We Are: Our business model
Who We Are: Our business model Our Resources Our Operations Our Products Our Markets Value Creation • Passionate & • Manufacturing • Environmental • Attractive • Sustainable profit committed capacity focus positions growth workforce • Customer focus • High quality • Regulatory/ • Strong balance • Kn
Slide 4: Who We Are: Our divisions
Who We Are: Our divisions Building Products for a Sustainable Future Water Building Housebuilding Management Envelope Products Climate change resilience through Building decarbonisation/greening/ Building decarbonisation through urban water and stormwater climate resilience through premium products
Slide 5: Who We Are: Our markets
Who We Are: Our markets Water Building Housebuilding Group Management Envelope Products >80% revenue derived % of Group revenue from environmental products >80% revenue % of Group profit supported by legislation/regulations Private vs Public Housebuilding vs Non -residential vs Commercial/infrastruc
Slide 6: Who We Are: Our track record
Who We Are: Our track record Portfolio refocus completed in 2022 • Focus on sustainable building products Revenue (£m) Operating margin (%) Continuing operations Continuing operations, underlying • Supply only 113.4 • Strong brands and long -term demand drivers 100.7 13.5% 13.6% 13.7% 89.4 89.1 77.8
Slide 7: Clear and well-established growth strategy
Clear and well - established growth strategy Championing Sustainable Accelerating Organic Sales Driving Margin Value - Enhancing Building Products Growth Improvement Investment ➢ Portfolio aligned with ➢ Outperform general UK ➢ Operating margin target ➢ Investment supported by strategic growth marke
Slide 8: Sustainability driving further growth
Sustainability driving further growth Long - Term Sustainability Growth Drivers Market Leadership: sustainable solutions for the built environment, focused on: • Reducing carbon footprint • Efficient management of rain and storm water • Providing biodiverse green spaces Building Climate High quality
Slide 9: Accelerating organic sales growth
Accelerating organic sales growth UK Exposure to higher - growth, sustainability - driven Key market volumes remain significantly below pre -pandemic levels markets driving continued outperformance 2024 volumes vs 2019 2019 volume level Significant structural volume increase potential ➢ Key market v
Slide 10: Accelerating organic sales growth
Accelerating organic sales growth Overseas 40 International Distributors Traditional areas of strength: • Hong Kong • Singapore • Middle East (emerging) Growing presence: • Middle East • Latin America • Philippines The Alumasc Group plc 10
Slide 11: Export case study: Hong Kong airport
Export case study: Hong Kong airport The Alumasc Group plc 11
Slide 12: Driving operating margin growth
Driving operating margin growth • 396bps operating margin increase in last 6 years, driven by: • Volume growth • Efficient and flexible manufacturing capacity +margin - enhancing • Investments in capability future +4.0% acquisitions • Medium term target range: 15 - 20% 14.1% • Future improvements dr
Slide 13: Value-enhancing investment
Value - enhancing investment Enabled by strong cash generation Cash generation FY19 - FY25: Operating cash flow +28% CAGR Free cash flow Operating cash flow £17.5m £16.6m Conversion ratio average 95% £10.1m £12.7m £8.6m Average annual capital expenditure £2.5m £6.1m £6.3m £7.3m £8.3m £6.6m £3.7m £2.
Slide 14: Value-enhancing investment: M&A
Value - enhancing investment M&A M&A target characteristics Case studies Bolt -on (to c.£20m EV) Acquisition Date Cost ROI ROI Operating in Alumasc markets/close (initial) (act/target) adjacents Timloc Sep 2004 £3.4m 8% 35% Consistent with Group margin and cash Rainclear Dec 2012 £0.7m 26% 111% gene
Slide 15: Our capital allocation priorities
Our capital allocation priorities Strong cash generation supports growth Maintain debt Invest in and shareholder returns at prudent level organic growth Debt leverage maintained below 1.5x EBITDA Organic growth investment • Revenue: • Technical sales/customer support • New product development • Over
Slide 16: Why Alumasc? Our investment case
Why Alumasc? Our investment case Premium products and Long - term structural growth Track record of sustainable brands, with strong UK drivers from sustainability - profit and dividend growth market positions & export linked products potential Robust financial position provides capacity to invest Pr
Slide 17: Appendices
we Prose Appendices February 2026
Slide 18: The Board
The Board Chair • Vijay Thakrar (appointed 2019) - A former partner at Deloitte and EY. Served as NED on various boards, including Quorn Foods, Alpha Group International plc and The Quoted Companies Alliance. Currently on the boards of RSM Group and Chair of Treatt plc . Chair from January 2022. Exe
Alumasc Group — Investor Presentation (February 2026) on 6ix