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IN BRIEF: Alumasc Profit Rises In Full Year Despite Lower Revenue

8th Sep 2020 14:56

Alumasc Group PLC - building products provider - Reports revenue of GBP76.0 million for the year to the end of June compared to GBP90.1 million a year earlier, reflecting the impact of Covid-19 on the final quarter. Pretax profit for the year grew, meanwhile, to GBP2.4 million form GBP985,000 a year earlier, as the company secured additional income of GBP968,000 versus no such income the year prior. Administrative expenses fell to GBP19.4 million from GBP21.0 million year-on-year. The company declared final dividend of 2 pence per share compared to 4.4p a year ago.

Current stock price: 81.60 pence

Year-to-date change: down 18%

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Alumasc Group
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