REG - Alumasc Group Plc - International Contract Wins

AlumascAnnouncement

30/11/2022 07:00

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RNS Number : 9889H  Alumasc Group PLC  30 November 2022

30 November 2022

THE ALUMASC GROUP PLC

("Alumasc" or the "Group")

 

International Contract Wins

 

Alumasc, the premium sustainable building products, systems, and solutions
group, is pleased to announce that Gatic, part of the Group's Water
Management division, has been awarded a number of new contracts in Asia, with
an aggregate sales value of over £7.3 million.

 

Building on earlier successful projects in the region, these contracts are for
the supply of Gatic access and drainage products across a number of projects
for airports and seaports in Hong Kong, India, the Philippines and Singapore.
The contracts are expected to be delivered over the next 12 to 24 months and
further strengthen the Group's order book visibility.

 

Paul Hooper, Chief Executive of The Alumasc Group plc, said:

"These are excellent wins for Alumasc and demonstrate the global reputation of
our Gatic products, as well as the significant ongoing opportunity for the
Group to supply large international infrastructure projects. In 2022, overseas
exports represented 15% of total Group sales and going forward, we see further
opportunities to increase our market share in selected markets such as Asia."

 

Enquiries:

 

 The Alumasc Group plc
 Paul Hooper, Chief Executive                                              + 44 (0) 1536 383844

 Simon Dray, Group Finance Director

 Helen Ashton, Group Company Secretary                                     + 44 (0) 1536 383812

 Peel Hunt (Broker)                                                        + 44 (0)207 418 8831
 Mike Bell
 Ed Allsopp

 finnCap (Nominated Adviser)                                               + 44 (0)207 220 0561
 Julian Blunt

 Camarco (Financial PR)                                                    alumasc@camarco.co.uk
 Ginny Pulbrook                                                            + 44 (0)203 757 4992
 Rosie Driscoll                                                            +44 (0)203 757 4981

 
 

 

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 (developers/housebuilders, 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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