The Alumasc Group plc
Interim Results
For the Six Months Ending
31 December 2020
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Contents
0102
Overview of HI: 2020/21 | Strategic Delivery |
0304
Financial Review | Business Review |
0506
Outlook | Appendices |
Paul Hooper
Chief Executive
Sarah Lee | |
Group Financial Controller | Alumasc Roofing - Derbigum BluRoof - Redcliff Quarter, Bristol |
01
Overview of H1: 2020/21
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Overview
Very strong performance in all Divisions against a difficult, Covid-19 affected, economic backdrop:
- Revenues from continuing operations: £45.6m (2019: £41.1m); +11%
- Underlying operating margin: 13.6% (2019 : 6.1%)
- Underlying PBT £6.0m (2019 : £2.3m)
- Material reduction in Net Debt to £0.2m (2019 : £6.6m)
- Reintroduction of Interim Dividend at 3.25p per share (2019 : 0.0p)
Delivery of strategic priorities:
- Execution of Levolux business improvement plan
- Implement a more cost efficient operating structure
- Focusing investment and innovation to drive profitable growth
- Proactive portfolio management
- Close alignment with sustainability agenda
- Appointment of new Group FD from 1 March 2021
Alumasc Roofing - Hydrotech Waterproofing
4 | www.alumasc.co.uk |
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Alumasc Group plc published this content on 04 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2021 07:25:02 UTC.