Alumasc Group plc announce a final dividend of 7.6p will be recommended which, if approved by shareholders, will be payable on 4 November 2025. With their interim dividend of 3.5p paid in April 2025, this would make a total dividend per share of11.1p (FY24: 10.75p), in line with their medium-term objective of 2.5-3.0 times earnings cover and progressive dividend policy.
Other financial highlights include:
Revenue growth of 13% to £113.4m (FY24: £100.7m), including organic growth of 7%
o Growth driven by sustainability-linked innovation, outstanding customer service, enhanced technical sales capabilities and expanded export focus
o Six year revenue CAGR of 8.0% reflects the effectiveness of the Group's commercial strategy
Underling profit before tax increased by 9% to a record £14.2m (FY24: £13.0m); 6 year CAGR is 13.3%.
All three divisions delivered record results, despite the persistence of challenging market conditions, benefitting from a sustained focus on improving productivity and efficiency
o Building Envelope division achieved 11% organic increase in revenue to £41.8m (FY24: £37.6m)
o Housebuilding Products achieved exceptional 9% organic revenue growth to £16.1m (FY24: £14.8m), outperforming the sector that saw a 29% drop in housebuilding starts in 2024, following a 20% decline in 2023 (CPA Summer 2025 Forecast)
o 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 ARP, revenue grew by 15% to £55.5m (FY24: £48.3m)
Basic earnings per share was 25.9p (FY24: 24.3p), and underlying earnings per share was 29.9p (FY24: 26.9p)
