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Companies >
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Alumasc Group plc >
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Alumasc - Full-year results, recovery builds and forecasts restored

  • 08 Sep 2020

Alumasc - Full-year results, recovery builds and forecasts restored


Alumasc Group plc (ALU:LON) | 140 0 0.0% | Mkt Cap: 50.6m


  • finnCap
    • David Buxton

    • 6 pages

Industrial & Construction Supplies image


 
Industrial & Construction Supplies image


Full-year results naturally show the effects of the lockdown in the final quarter, but the effects have been contained by swift management action on costs and cash preservation. The current year has started strongly, with July posting a record month and trading momentum in the building products sector showing decent recovery momentum. In addition, it has generated £2.4m of cost savings assisting profit recovery. Given the recovery in trading and profit drop through, but mindful of poten ....


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Alumasc - Full-year results, recovery builds and forecasts restored


Alumasc Group plc (ALU:LON) | 140 0 0.0% | Mkt Cap: 50.6m


  • Published: 08 Sep 2020
  • Author: David Buxton
  • Pages: 6
  • finnCap


Full-year results naturally show the effects of the lockdown in the final quarter, but the effects have been contained by swift management action on costs and cash preservation. The current year has started strongly, with July posting a record month and trading momentum in the building products sector showing decent recovery momentum. In addition, it has generated £2.4m of cost savings assisting profit recovery. Given the recovery in trading and profit drop through, but mindful of poten ....



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