Interims show a strong improvement and signal trading is in line with full-year expectations, with a higher interim dividend resulting in an upgrade in dividend forecasts. Results are especially creditable given market circumstances, with double-digit revenue growth resulting in a strong improvement in profits, with restructuring and commercial repositioning boosting the Water Management Division. Good cash flow has almost eliminated net debt. A slight note of caution on H2 possible effects as H ....
04 Feb 2021
Alumasc - Interim results, strong profit improvement
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Alumasc - Interim results, strong profit improvement
Alumasc Group plc (ALU:LON) | 172 0 0.0% | Mkt Cap: 62.3m
- Published:
04 Feb 2021 -
Author:
David Buxton -
Pages:
7
Interims show a strong improvement and signal trading is in line with full-year expectations, with a higher interim dividend resulting in an upgrade in dividend forecasts. Results are especially creditable given market circumstances, with double-digit revenue growth resulting in a strong improvement in profits, with restructuring and commercial repositioning boosting the Water Management Division. Good cash flow has almost eliminated net debt. A slight note of caution on H2 possible effects as H ....