Alumasc, the Northamptonshire-headquartered sustainable building products, systems and solutions group, has seen a record first half performance, with revenue and profit on the rise.
According to results for the six months ended 31 December 2024, group revenue increased by 20% to £57.4m, with organic growth in all three divisions.
Underlying profit before tax, meanwhile, grew strongly, up 19% to a record £7.5m.
Statutory profit before tax rose to £6.5m from £5.6m in the same period of the prior year.
Paul Hooper, Chief Executive of Alumasc, said: “We are pleased to report a record first half, driven by both organic and inorganic growth. Group revenue grew by 20% compared to the prior period, which is a particularly impressive result given the challenging market environment.
“All three divisions have demonstrated continued growth in revenue, highlighting the resilience of our business model. This performance reflects execution of, and focus on, our four strategic pillars: accelerating organic revenue growth; enhancing efficiency and margins; advancing sustainable products; and making value-enhancing investments.
“We’ve also made significant progress in expanding our presence in export markets, which should benefit future periods’ revenues and profits. We are particularly excited about the performance of ARP Group, who have exceeded expectations since joining the Group in December 2023. We are confident that we will continue to see synergies and efficiencies come through in the second half.
“We remain confident in both the quality of our businesses and in our capacity to deliver our ambitious growth plans, supported by our strong positions in higher growth sustainability-driven markets, and have a clear line of sight to delivery of significant shareholder value.”
