The Alumasc Group plc
Interim Results Six months ending 31 December 2021
Alumasc Water Management Solutions - Aqualine Box Extruded Aluminium Gutter and Flushjoint Aluminium Downpipes - The New Clubhouse, Machrihanish Golf Course
Contents
0102
Overview of H1 FY22 | Business Review |
0304
Strategic Delivery | Financial Review |
0506
Outlook | Appendices |
Paul Hooper
Chief Executive
Simon Dray | |
Group Finance Director | Alumasc Roofing - Hydrotech - The Oaks, Coventry |
01
Overview of H1 FY22
Alumasc Water Management Solutions - Skyline Fascia and Soffit System - The Sail, West Kirby, Wirral
Overview
Solid performance, against a comparative which included c.£2.5m of sales delayed from FY20 by the Covid-19 lockdown:
- Revenues from continuing operations: £46.3m (H1 FY21: £45.6m); +2%
- Excluding Covid-boosted sales in H1 FY21: +7.5%
- Export sales +41% to £8.7m
- Underlying operating margin: 11.9% (H1 FY21: 13.6%)
- Underlying PBT £5.3m (H1 FY21: £6.0m)
- Net Bank Debt £4.1m (H1 FY21: £0.2m)
- Interim Dividend 3.35p per share (H1 FY21: 3.25p); +3%
Delivery of strategic priorities:
- Implement a more cost efficient operating structure
- Recovery of Levolux financial performance
- Focusing investment and innovation to drive profitable growth
- Geographical expansion
- Bolt-onM&A to expand product and markets
- Alignment with drive towards sustainable buildings and construction
Alumasc Roofing - Blackdown Greenroofs' NatureMat® Whitechapel Station, London
4 | www.alumasc.co.uk |
02
Business Review
Alumasc Water Management - Beaulieu Park