Announcement • Jun 15
The Alumasc Group plc Announces Executive Changes The Alumasc Group plc announced that, with effect from June 15, 2026, Simon Dray, CFO and a Director of the Company, had been appointed Interim Company Secretary, pending appointment of a permanent Company Secretary. This followed the departure of Helen Ashton, who served as Alumasc's Company Secretary since November 2018. Recent Insider Transactions • Apr 22
Key Executive recently bought €69k worth of stock On the 20th of April, Simon Dray bought around 25k shares on-market at roughly €2.76 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Simon's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.86, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 121% over the past three years. New Risk • Mar 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €86.4m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€86.4m market cap, or US$99.6m). Announcement • Feb 06
The Alumasc Group plc Approves Interim Dividend, Payable on 8 April 2026 The Directors of The Alumasc Group plc have approved an interim dividend per share of 3.5 pence (FY25 interim dividend: 3.5 pence) which will be paid on 8 April 2026 to shareholders on the register at the close of business on 20 February 2026. Declared Dividend • Feb 05
First half dividend of UK£0.035 announced Shareholders will receive a dividend of UK£0.035. Ex-date: 19th February 2026 Payment date: 8th April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 05
First half 2026 earnings released: EPS: UK£0.086 (vs UK£0.14 in 1H 2025) First half 2026 results: EPS: UK£0.086 (down from UK£0.14 in 1H 2025). Revenue: UK£50.4m (down 12% from 1H 2025). Net income: UK£3.08m (down 37% from 1H 2025). Profit margin: 6.1% (down from 8.5% in 1H 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Jan 15
Alumasc Group plc Announces CEO Changes Alumasc Group plc announced the appointment of Pamela Bingham as Chief Executive Officer (CEO). Pamela has over 20 years' experience at international manufacturing businesses, most recently as CEO of Eriks UK & Ireland, a €370m revenue industrial services business, where she was responsible for leading its commercial and operational growth strategy from 2023 until its successful sale by Lone Star Funds in 2025. Before Eriks, Pamela was CEO of Glen Dimplex Heating and Ventilation, the largest division of the Glen Dimplex Group, with revenues of €500m. Prior to that Pamela held Managing Director positions at CRH plc, The Weir Group PLC and Rotork plc. Pamela also served as a Non-executive director of Tyman plc from 2018 until 2024. Pamela holds a Law degree from the University of Edinburgh and an MBA from Warwick Business School. Pamela will join Alumasc's Board on March 2, 2026 as CEO Designate and will take over as CEO on the retirement of the current Group Chief Executive, Paul Hooper, on March 31, 2026. Paul Hooper is retiring after 25 years' service and commitment to Alumasc, and his leadership over a period of transformation and growth for the Group. Pamela Ann Bingham (aged 56) has held the following directorships and/or partnerships within the past 5 years: Previous directorships (within the last 5 years) Brymill Limited; ERIKS Industrial Services Limited; ERIKS Industrial Services (Ireland) Limited; ERIKS Transportation GmbH; ERIKS UK Holdings Limited; Farrans Ltd; Flexible Hose Supplies (Northampton) Limited; Filoform UK Ltd; NAL Ltd; NAL Developments Ltd; Northstone (NI) Limited; Quanex Extruded Solutions Ltd. (formerly Tyman plc); Resilient Living Ltd; Resilient Property Ltd; Rotork UK Limited; Smarter Data Management Limited; Weir Minerals Europe Limited; Wyko Group Ltd. New Risk • Jan 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Announcement • Dec 10
The Alumasc Group plc to Report First Half, 2026 Results on Feb 03, 2026 The Alumasc Group plc announced that they will report first half, 2026 results on Feb 03, 2026 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €3.18, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 121% over the past three years. Announcement • Oct 25
The Alumasc Group plc Declares Final Dividend The Alumasc Group plc at its AGM held on 24 October 2025, declared final dividend of 7.6 pence per share. Upcoming Dividend • Sep 18
Upcoming dividend of UK£0.076 per share Eligible shareholders must have bought the stock before 25 September 2025. Payment date: 04 November 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.6%). Announcement • Sep 04
The Alumasc Group plc Proposes Final Dividend for the Year Ended 30 June 2025,Payable on November 4, 2025 The Alumasc Group plc proposed final dividend of 7.6 pence per equity share, at a cash cost of £2,733,000, for the year ended 30 June 2025, payable on 4 November 2025. This dividend has not been accrued in these consolidated financial statements as it was proposed after the year end. Declared Dividend • Sep 04
Final dividend of UK£0.076 announced Shareholders will receive a dividend of UK£0.076. Ex-date: 25th September 2025 Payment date: 4th November 2025 Dividend yield will be 3.2%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 03
Full year 2025 earnings released: EPS: UK£0.26 (vs UK£0.24 in FY 2024) Full year 2025 results: EPS: UK£0.26 (up from UK£0.24 in FY 2024). Revenue: UK£113.4m (up 13% from FY 2024). Net income: UK£9.34m (up 6.8% from FY 2024). Profit margin: 8.2% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Sep 02
The Alumasc Group plc, Annual General Meeting, Oct 24, 2025 The Alumasc Group plc, Annual General Meeting, Oct 24, 2025. New Risk • Aug 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€405k sold). Buy Or Sell Opportunity • Jul 25
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at €3.88. The fair value is estimated to be €4.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Announcement • Jul 21
The Alumasc Group plc to Report Fiscal Year 2025 Results on Sep 02, 2025 The Alumasc Group plc announced that they will report fiscal year 2025 results on Sep 02, 2025 Announcement • Jul 16
The Alumasc Group plc Provides Group Earnings Guidance for the Year Ended June 30, 2025 The Alumasc Group plc provided group earnings guidance for the year ended June 30, 2025. The group expects to report 12% revenue growth to £113 million (FY24: £101 million). Excluding the incremental six months' contribution from ARP, this represents organic growth of 7%, significantly outperforming the estimated 2% growth in overall UK construction activity. Buy Or Sell Opportunity • Jun 16
Now 21% undervalued Over the last 90 days, the stock has risen 9.5% to €4.16. The fair value is estimated to be €5.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.9% in a year. Earnings are forecast to grow by 9.6% in the next year. Recent Insider Transactions • Jun 13
Board Member recently sold €405k worth of stock On the 11th of June, Michael Leaf sold around 90k shares on-market at roughly €4.50 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €436k more than they bought in the last 12 months. Buy Or Sell Opportunity • May 23
Now 20% undervalued Over the last 90 days, the stock has risen 4.5% to €4.22. The fair value is estimated to be €5.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.9% in a year. Earnings are forecast to grow by 9.6% in the next year. Declared Dividend • Feb 06
First half dividend of UK£0.035 announced Shareholders will receive a dividend of UK£0.035. Ex-date: 20th February 2025 Payment date: 8th April 2025 Dividend yield will be 3.2%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 05
First half 2025 earnings released: EPS: UK£0.14 (vs UK£0.11 in 1H 2024) First half 2025 results: EPS: UK£0.14 (up from UK£0.11 in 1H 2024). Revenue: UK£57.4m (up 20% from 1H 2024). Net income: UK£4.90m (up 19% from 1H 2024). Profit margin: 8.5% (in line with 1H 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Announcement • Nov 27
The Alumasc Group plc to Report First Half, 2025 Results on Feb 04, 2025 The Alumasc Group plc announced that they will report first half, 2025 results on Feb 04, 2025 Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €3.54, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.13 per share. Announcement • Oct 25
The Alumasc Group plc Declares Final Dividend The Alumasc Group plc declare a final dividend of 7.3 pence per share. Announcement • Oct 04
Alumasc Appoints David Adams as Managing Director of Alumasc's Water Management Division and A Member of Its Divisional Operating Board, Effective December 16, 2024 Alumasc announced a strategic hire to improve the depth and strength of its operational management team. David Adams will join as Managing Director of Alumasc's Water Management division and a member of its divisional operating board on 16 December 2024. David brings significant senior leadership experience and a track record of successfully growing sales, including exports, and improving operational efficiency and customer service, most recently as Chief Executive Officer of Mabey Hire Ltd. David's previous experience includes Divisional Managing Director roles at RMD Kwikform and Knauf Insulation. Paul Hooper, Alumasc's Chief Executive, has been acting Managing Director of Water Management since 2019, and will hand over his interim divisional responsibilities to David. Upcoming Dividend • Sep 19
Upcoming dividend of UK£0.073 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.0%). Declared Dividend • Sep 05
Final dividend of UK£0.073 announced Shareholders will receive a dividend of UK£0.073. Ex-date: 26th September 2024 Payment date: 1st November 2024 Dividend yield will be 3.5%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 03
Full year 2024 earnings released: EPS: UK£0.24 (vs UK£0.23 in FY 2023) Full year 2024 results: EPS: UK£0.24 (up from UK£0.23 in FY 2023). Revenue: UK£100.7m (up 13% from FY 2023). Net income: UK£8.75m (up 4.7% from FY 2023). Profit margin: 8.7% (down from 9.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. New Risk • Aug 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). New Risk • Jul 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€92.0m market cap, or US$99.9m). Announcement • Jul 25
The Alumasc Group plc to Report Fiscal Year 2024 Results on Sep 03, 2024 The Alumasc Group plc announced that they will report fiscal year 2024 results on Sep 03, 2024 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €2.56, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.74 per share. Announcement • Jul 19
The Alumasc Group plc Provides Group Earnings Guidance for the Year Ended June 30, 2024 The Alumasc Group plc provided group earnings guidance for the year ended June 30, 2024. The Group expects organic revenue growth for the year - excluding the contribution from ARP, acquired in December 2023 - to be around 6.5%, significantly outperforming the approximately 2% decline in overall UK construction activity. The company expects Revenue, operating margins and profit ahead of fiscal year 2023 across all three divisions, reflecting focus on growth initiatives and disciplined cost management. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.28, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Building industry in Europe. Total loss to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.32 per share. Upcoming Dividend • Feb 16
Upcoming dividend of UK£0.035 per share at 5.8% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 08 April 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%). Reported Earnings • Feb 08
First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.13 in 1H 2023) First half 2024 results: EPS: UK£0.11 (down from UK£0.13 in 1H 2023). Revenue: UK£47.8m (up 6.4% from 1H 2023). Net income: UK£4.10m (down 8.5% from 1H 2023). Profit margin: 8.6% (down from 10.0% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year. Declared Dividend • Feb 08
First half dividend of UK£0.035 announced Shareholders will receive a dividend of UK£0.035. Ex-date: 22nd February 2024 Payment date: 8th April 2024 Dividend yield will be 5.7%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 06
The Alumasc Group plc Declares Interim Dividend, Payable on April 8, 2024 The Alumasc Group plc announced the Board declared an increased interim dividend of 3.45p (H1 FY23: 3.40p) per ordinary share, payable on 8 April 2024 to shareholders on the register on 23 February 2024. Announcement • Jan 11
The Alumasc Group plc to Report First Half, 2024 Results on Feb 06, 2024 The Alumasc Group plc announced that they will report first half, 2024 results on Feb 06, 2024 Recent Insider Transactions • Dec 20
Key Executive recently bought €62k worth of stock On the 18th of December, Simon Dray bought around 30k shares on-market at roughly €2.06 per share. This transaction increased Simon's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Simon's only on-market trade for the last 12 months. Announcement • Oct 28
The Alumasc Group plc Declares Final Dividend The Alumasc Group plc announcds that at the Annual General Meeting held on 26 October 2023 declared a final dividend of 6.9 pence per share. Announcement • Sep 23
The Alumasc Group plc to Report Fiscal Year 2023 Results on Sep 22, 2023 The Alumasc Group plc announced that they will report fiscal year 2023 results on Sep 22, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of UK£0.069 per share at 6.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.7%). Reported Earnings • Sep 06
Full year 2023 earnings released: EPS: UK£0.23 (vs UK£0.27 in FY 2022) Full year 2023 results: EPS: UK£0.23 (down from UK£0.27 in FY 2022). Revenue: UK£89.1m (flat on FY 2022). Net income: UK£8.35m (down 13% from FY 2022). Profit margin: 9.4% (down from 11% in FY 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Sep 06
The Alumasc Group plc, Annual General Meeting, Oct 26, 2023 The Alumasc Group plc, Annual General Meeting, Oct 26, 2023. Announcement • Sep 05
The Alumasc Group plc Provides Final Dividend Guidance The Alumasc Group plc provided final dividend guidance of 6.9p (FY22: 6.65p) per share. New Risk • Aug 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€62.5m market cap, or US$68.4m). Announcement • Jul 26
The Alumasc Group plc (AIM : ALU) agreed to acquire Arp Group Holdings Ltd for £10 million. The Alumasc Group plc (AIM : ALU) agreed to acquire Arp Group Holdings Ltd for £10 million on July 25, 2023. The consideration comprises an initial £8.5 million, adjusted for net cash/debt and normalized working capital, payable at completion; with additional consideration, capped at £1.5 million, payable subject to ARP's performance over the two years ending November 2024. ARP is expected to be immediately accretive to underlying earnings and will be funded from current cash and debt facilities. Transaction is expected to close within 3 months of July 24, 2023. Transaction is subject to regulatory and UK Competition and Markets Authority approval. For the year ended 2023, Arp Group had £10.8 million, adjusted EBITDA of £1.3 million and net assets were £4.5 million. Julian Blunt of finnCap Ltd acted as financial advisor to The Alumasc Group plc. Announcement • Jul 23
The Alumasc Group plc to Report Fiscal Year 2023 Results on Sep 05, 2023 The Alumasc Group plc announced that they will report fiscal year 2023 results on Sep 05, 2023 Announcement • Jul 22
The Alumasc Group plc Provides Revenue Guidance for 2023 The Alumasc Group plc Provided Revenue Guidance for 2023. Company expects to report revenue from continuing operations of approximately £89 million, in line with the prior year and underlying profit before tax from continuing operations in line with Board and market expectations. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.78, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Building industry in Europe. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.73 per share. Upcoming Dividend • Feb 16
Upcoming dividend of UK£0.034 per share at 6.1% yield Eligible shareholders must have bought the stock before 23 February 2023. Payment date: 06 April 2023. Payout ratio is a comfortable 39% and the cash payout ratio is 89%. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 07
First half 2023 earnings released: EPS: UK£0.13 (vs UK£0.14 in 1H 2022) First half 2023 results: EPS: UK£0.13 (down from UK£0.14 in 1H 2022). Revenue: UK£45.0m (up 5.4% from 1H 2022). Net income: UK£4.49m (down 8.8% from 1H 2022). Profit margin: 10.0% (down from 12% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jan 11
The Alumasc Group plc to Report First Half, 2023 Results on Feb 07, 2023 The Alumasc Group plc announced that they will report first half, 2023 results on Feb 07, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Karen McInerney was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 28
The Alumasc Group plc Declares Final Dividend The Alumasc Group plc declared a final dividend of 6.65 pence per share, at the AGM held on October 27, 2022. Upcoming Dividend • Sep 22
Upcoming dividend of UK£0.067 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 04 November 2022. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 6.4%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.4%). Announcement • Sep 22
The Alumasc Group plc, Annual General Meeting, Oct 27, 2022 The Alumasc Group plc, Annual General Meeting, Oct 27, 2022, at 09:00 Coordinated Universal Time. Location: at Timloc Building Products, Timloc House, Ozone Park, Howden, East Riding of Yorkshire DN14 7SD Howden United Kingdom Reported Earnings • Sep 07
Full year 2022 earnings released: EPS: UK£0.27 (vs UK£0.21 in FY 2021) Full year 2022 results: EPS: UK£0.27 (up from UK£0.21 in FY 2021). Revenue: UK£89.4m (down 1.2% from FY 2021). Net income: UK£9.61m (up 27% from FY 2021). Profit margin: 11% (up from 8.4% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Sep 07
the Alumasc Group plc Recommends Final Dividend, Payable on 4 November 2022 The Alumasc Group plc recommended to shareholders a final dividend of 6.65 pence per share (2020/21: 6.25 pence), Subject to shareholder approval at the Annual General Meeting, it will be paid on 4 November 2022 to members on the share register on 30 September 2022. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 16% share price gain to €1.71, the stock trades at a trailing P/E ratio of 7.5x. Average forward P/E is 13x in the Building industry in Europe. Total returns to shareholders of 91% over the past three years. Announcement • Aug 27
RCapital Partners LLP acquired Levolux Limited from The Alumasc Group plc (AIM:ALU) for £1 million. RCapital Partners LLP acquired Levolux Limited from The Alumasc Group plc (AIM:ALU) for £1 million on August 26, 2022. The consideration receivable for the sale is £1,000,001 in cash, comprising a nominal initial consideration of £1 together with £1 million of deferred consideration, which is repayable from proceeds in excess of £1 million arising from any subsequent disposal of Levolux by Rcapital. Julian Blunt of finnCap acted as Nomad advisor.
RCapital Partners LLP completed the acquisition of Levolux Limited from The Alumasc Group plc (AIM:ALU) on August 26, 2022. Announcement • Aug 17
The Alumasc Group plc to Report Fiscal Year 2022 Results on Sep 06, 2022 The Alumasc Group plc announced that they will report fiscal year 2022 results on Sep 06, 2022 Buying Opportunity • Aug 10
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €2.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 68%. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Chairman Vijay Thakrar was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 17
Upcoming dividend of UK£0.034 per share Eligible shareholders must have bought the stock before 24 February 2022. Payment date: 06 April 2022. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 10
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.11 (down from UK£0.12 in 1H 2021). Revenue: UK£46.3m (up 1.6% from 1H 2021). Net income: UK£4.02m (down 7.8% from 1H 2021). Profit margin: 8.7% (in line with 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.4%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Feb 08
The Alumasc Group plc Approves Interim Dividend, Payable on 6 April 2022 The Board of The Alumasc Group plc has decided to declare an increased interim dividend of 3.35 pence per ordinary share, payable on 6 April 2022 to shareholders on the register on 25 February 2022. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 15% share price gain to €2.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Building industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.78 per share. Upcoming Dividend • Sep 16
Upcoming dividend of UK£0.063 per share Eligible shareholders must have bought the stock before 23 September 2021. Payment date: 29 October 2021. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Sep 08
Full year 2021 earnings released: EPS UK£0.21 (vs UK£0.054 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£90.5m (up 19% from FY 2020). Net income: UK£7.59m (up 296% from FY 2020). Profit margin: 8.4% (up from 2.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 15% share price gain to €2.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Building industry in Europe. Total returns to shareholders of 137% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.66 per share. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to UK£2.74, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Building industry in Europe. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.60 per share. Announcement • Jul 15
The Alumasc Group plc Provides Earnings Guidance for the Year Ended June 30, 2021 The Alumasc Group plc provided earnings guidance for the year ended June 30, 2021. The financial year to 30 June 2021 finished strongly, with demand and margins holding up well in the final quarter. As a result, revenue for the year ended 30 June 2021 is now expected to be approximately £90 million, c. 18% above the previous year. Announcement • Feb 04
The Alumasc Group plc Announces the Appointment of a New Finance Director, Simon Dray with Effect from 1 March 2021 The Alumasc Group plc announced the appointment of a new Finance Director, Simon Dray with effect from 1 March 2021. Simon has a 30-year career in a range of senior finance functions with multi-national companies. After qualifying as a chartered accountant with Deloitte, Simon moved to work in industry. From 2002 to 2008 he worked at Halma plc as Group Financial Controller, before joining Low & Bonar plc in 2008, working in a variety of senior finance roles including interim CFO before becoming Director of Strategy and M&A. Announcement • Jan 19
The Alumasc Group plc to Report First Half, 2021 Results on Feb 04, 2021 The Alumasc Group plc announced that they will report first half, 2021 results on Feb 04, 2021 Announcement • Nov 19
The Alumasc Group plc Announces Resignation of David Armfield as Non-Executive Director, Effective 31 December 2020 Alumasc announced that David Armfield a Non-executive Director, has notified the Company of his intention to resign after 6 years in the post due to pressure from other commitments. David will step down from the Board with effect from 31 December 2020. Announcement • Aug 20
The Alumasc Group plc to Report Fiscal Year 2020 Results on Sep 08, 2020 The Alumasc Group plc announced that they will report fiscal year 2020 results on Sep 08, 2020 Announcement • Jul 26
The Alumasc Group plc Suspends Financial Guidance The Alumasc Group plc announced that given the uncertain economic backdrop, financial guidance remains suspended at present, and the Board will provide an update in September 2020. 
