REG - Alumasc Group Plc - AGM Trading Update

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RNS Number : 6469E  Alumasc Group PLC (The)  24 October 2025

24 October 2025

THE ALUMASC GROUP PLC

("Alumasc" or the 'Group')

AGM Trading Update

Alumasc (ALU.L), the premium sustainable building products, systems and
solutions Group, provides the following trading update for the first quarter
of its financial year ending 30 June 2026 ('Q1 FY25/26' or 'the period'),
ahead of its Annual General Meeting, to be held this morning at 10am.

As announced at the FY24/25 full year results, conditions in the Group's core
UK residential and commercial markets have been volatile, with demand in a
number of sub-sectors at subdued levels. Conditions in a number of these
markets have become more challenging through the period, exacerbated by
short-term uncertainty surrounding the UK Government's upcoming Autumn Budget.
While the Housebuilding Products division has continued its positive momentum
over the period, a number of delays in larger new build and RMI projects have
constrained UK revenues in the Building Envelope and Water Management
divisions, despite a healthy order book and a growing pipeline of
opportunities.

Against this backdrop, the Group has continued to demonstrate market
outperformance, retaining or growing share in key UK sub-sectors. Further
actions are being taken to improve operational efficiency, including targeted
cost initiatives where appropriate to mitigate the short-term impact of
project delays.

The Group has continued to see encouraging demand in its export markets, with
a number of smaller project orders in the period, further validating the
potential of its export business. Although, as expected, overseas sales in
FY25/26 are likely to be below the prior year, following shipment of the
majority of the very large Hong Kong airport project in FY24/25, several
significant early-stage export opportunities are being progressed, which are
likely to benefit future financial years.

The Group's structural growth drivers remain robust, and with substantial
capacity in place across its businesses and a strong balance sheet, the Group
is well positioned to benefit from a sustained recovery in UK construction
activity. The timing and pace of this recovery remains difficult to predict,
and consequently the Board believes it prudent to adopt a cautious approach
for the first half of FY25/26, as conditions remain uncertain. The Board still
expects a second-half weighting to FY25/26, as announced at the FY24/25 full
year results.

Paul Hooper, Chief Executive, commented:

"While short-term macro-economic, fiscal and political headwinds have
intensified during the first quarter of this new financial year, we continue
to execute our strategy and grow our market share. As previously announced, we
expect an H2-weighted performance for FY25/26, and our order book and pipeline
remains healthy.

We have demonstrated resilience throughout this period and continue to take
proactive steps to grow our market share, enter adjacent markets, and reduce
cost and improve efficiency, which will serve the Group well both now and in
the future.

Alumasc's medium-term outlook remains very positive, and we remain well
positioned to benefit significantly when the market recovers."

Enquiries:

 

The Alumasc Group plc

Paul Hooper (Chief Executive)
 
+44 (0)1536 383844

Simon Dray (Group Finance Director)

Cavendish (Nominated Adviser & Joint
Broker)

Julian Blunt, Edward Whiley (Corporate Finance)
                      +44 (0)207 908 6000

Tim Redfern (ECM)

Peel Hunt (Joint Broker)

Mike
Bell
+44 (0)207 418 8831

Ed Allsopp

Camarco (Financial PR)

Ginny Pulbrook
 
                                +44 (0)203 757
4992

Tilly
Butcher
+44 (0)203 757 4991

alumasc@camarco.co.uk

Notes to Editors:

Alumasc is a UK-based supplier of premium sustainable building products,
systems and solutions. Almost 80% of Group sales are driven by building
regulations and specifications (architects and structural engineers) because
of the performance characteristics offered.

The Group has three business segments with strong positions and brands in
their individual markets. The three segments are: Water Management; Building
Envelope; and Housebuilding Products.

 

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