Alumasc Outperforms Market with 13% Growth for Year

REPORTING ITS full year results, Alumasc Group announced revenue growth of 13% to £113.4m (FY24: £100.7m), including organic growth of 7%.

The building products, systems and solutions business says growth was driven by sustainability-linked innovation, outstanding customer service, enhanced technical sales and expanded exports.

Underling profit before tax increased by 9% to a record £14.2m (FY24: £13.0m) with a 6-year compound annual growth rate (CAGR) of 13.3%.

Alumasc Outperforms Market

All three Alumasc Group divisions delivered record results, despite the persistence of challenging market conditions, which the company says benefitted from a sustained focus on improving productivity and efficiency.

In the three divisions, the Building Envelope division achieved 11% organic increase in revenue to £41.8m (FY24: £37.6m). The Building Envelope division includes Alumasc Roofing, Roofpro and Blackdown.

Housebuilding Products achieved an exceptional 9% organic revenue growth to £16.1m (FY24: £14.8m). The result outperformed the sector, which saw a 29% drop in housebuilding starts in 2024, following a 20% decline in 2023. The Housebuilding Products division operates under the Timloc brand.

The Water Management division saw strong growth in export activity, led by the acceleration of a large project at Chek Lap Kok airport in Hong Kong, offsetting weaker UK demand. Together with a strong full year contribution from recently acquired ARP, revenue grew by 15% to £55.5m (FY24: £48.3m).

Sustainability

Alumasc Group was also able to significantly reduce its carbon emissions in the year, reporting a 20% reduction in Scope 1, 2 and business travel GHG emission intensity.

While operating margins declined slightly during the period to 13.7% from FY24’s 14.3%, they improved within the Building Envelope and Housebuilding Products divisions. These were offset by an “adverse sales mix” in the Water Management division.

Commenting on the results, Paul Hooper, Chief Executive, said: “This is clear evidence of the strength of our business model with its high-quality, innovative product offering, diversity of end markets; and the rising demand for sustainable solutions driven by climate change and evolving building regulations.

“Our diversified model gives us strong access to infrastructure, commercial property and UK housebuilders alongside specialist sectors globally, enabling us to capture increasing demand across multiple channels and geographies.

“During the period, we’ve continued to advance our portfolio of environmentally efficient products, whilst also reducing our own environmental footprint, helping us to continue to be an effective champion for sustainable solutions.

“We remain committed to building on our growth, both organically and through strategic acquisitions. The Board remains confident in Alumasc’s ability to consistently deliver strong results and navigate market headwinds, positioning us to continue to outperform the sector as we head into FY26.”

Almost 80% of Group sales are driven by building regulations and specifications by architects and structural engineers.

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