Image source: © 2025 Krish Capital Pty. Ltd.

Highlights

  • Revenue rose 13% to £113.4m (USD 146.9m), with 7% organic growth.

  • Underlying profit before tax increased 9% to a record £14.2m (USD 18.4m).

  • Dividend raised to 11.1p per share, up from 10.75p last year.

Alumasc Group plc (LSE:ALU), a UK-based supplier of sustainable building products, systems, and solutions, has reported its unaudited results for the year ended 30 June 2025, highlighting revenue growth, improved profitability, and continued dividend progression.

Financial Performance

Revenue for the year increased 13% to £113.4 million (USD 146.9 million) compared with £100.7 million (USD 130.4 million) in FY2024. Organic growth accounted for 7% of the increase, driven by sustainability-linked innovation, technical sales capability, customer service focus, and expanded export activity. The company’s six-year revenue compound annual growth rate (CAGR) now stands at 8.0%.

Underlying profit before tax reached a record £14.2 million (USD 18.4 million), an increase of 9% on the prior year’s £13.0 million (USD 16.8 million). The six-year CAGR for underlying profit before tax is 13.3%.

Basic earnings per share stood at 25.9 pence, compared with 24.3 pence in FY2024, while underlying earnings per share rose to 29.9 pence from 26.9 pence in the previous year.

The Board has proposed a final dividend of 7.6 pence per share, up from 7.3 pence last year. This brings the total dividend for the year to 11.1 pence, compared with 10.75 pence in FY2024.

Divisional Highlights

All three divisions reported record results despite ongoing market challenges.

  • Building Envelope Division: Revenue rose 11% organically to £41.8 million (USD 54.1 million), compared with £37.6 million (USD 48.6 million) in FY2024.

  • Housebuilding Products Division: Revenue increased 9% organically to £16.1 million (USD 20.8 million) from £14.8 million (USD 19.2 million). This performance came against a sector backdrop where housing starts declined 29% in 2024, following a 20% fall in 2023, according to the Construction Products Association.

  • Water Management Division: Revenue grew 15% to £55.5 million (USD 71.9 million) from £48.3 million (USD 62.5 million). The division benefitted from a significant export contribution, led by an acceleration of a large project at Chek Lap Kok Airport in Hong Kong, alongside the full-year contribution from ARP.

Outlook

Alumasc stated that the diversity of its products and geographic reach provides resilience amid short-term volatility across construction sub-sectors. The Group expects medium-term growth to be supported by regulatory drivers around energy efficiency, water management, and building safety.

Additional opportunities are expected from UK government investments in healthcare, prisons, and defence. With substantial capacity across its businesses, Alumasc confirmed it remains well-positioned to capitalise on future demand recovery.

Management noted that FY2026 performance is expected to be weighted towards the second half, reflecting the profile of overseas sales. The Board expressed optimism for another year of growth.