Eurocell, the Alfreton-based manufacturer, distributor and recycler of window, door and roofline products, has hailed a “resilient” year amidst weak macroeconomic conditions and declining consumer confidence.
According to preliminary results for the year ended 31 December 2024, pre-tax profits reached £13.8m, growing from £11.7m in 2023.
Meanwhile, with “demand more subdued than expected,” revenue came in 2% below 2023, at £357.9m.
The results follow Eurocell’s acquisition of Alunet in a £29m deal, announced in March 2025.
Darren Waters, Chief Executive of Eurocell plc, said: “Our financial performance in 2024 was resilient, in the context of trading conditions that remained challenging.
“We delivered an increase of 32% in adjusted profit before tax, as we continued to proactively manage gross margin and benefited from a reduction in input cost pricing. Our cash generation was solid and our financial position remains strong, following completion of a £15 million share buyback programme.
“We invested to generate momentum with our strategy, and I am pleased with the good early progress we have made across a broad range of initiatives.
“The recent acquisition of Alunet is a compelling strategic fit for Eurocell: it addresses a growing trend towards aluminium fabrication across the fenestration sector, significantly strengthens our position in composite doors, and adds aluminium garage doors to our home improvement product portfolio.
“Demand in our core RMI market remains sluggish. We have seen some early signs of an improving picture in new build housing, albeit from a very low base. We will therefore continue to focus on cost reduction and operational improvements to drive efficiencies, to mitigate against the impact of a slower market recovery.
“We are confident in delivering another year of good progress in 2025, as we continue to execute on our growth strategy. The medium and long-term growth prospects for the UK construction market remain attractive and we are well positioned to drive sustainable growth in shareholder value.”
