UK's Alumasc FY26 revenue falls 5%, order book up 49%
UK's Alumasc FY26 revenue falls 5%, order book up 49%
Overview
UK sustainable building products supplier expects FY26 revenue to fall to £107 mln
Underlying pretax profit seen at £10 mln, down from £14 mln last year
Order book at June 2026 up 49% yr/yr on commercial strategy gains
Outlook
Company remains cautious about macro environment and will update guidance in September 2026
Alumasc continues commercial and operational initiatives to support future growth, especially in Water Management
Result Drivers
MARKET HEADWINDS - Co said demand in key commercial markets was subdued by affordability concerns, constrained planning, and fragile confidence, with further delays in project decisions due to geopolitical and macroeconomic instability
COMMERCIAL INITIATIVES - Refocused commercial strategy and operational improvements led to a 49% yr/yr increase in order book and are generating positive early impact
DIVISIONAL PERFORMANCE - Housebuilding Products revenue grew c.16%, Building Envelope was stable, while Water Management revenue declined c.16%, partly due to a tough prior-year comparator and lower UK revenues
Company press release: ID:nRSQ7962Ma
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Adjusted Pretax Profit | Miss | GBP 10 mln | GBP 10.90 mln (2 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy."
Wall Street's median 12-month price target for Alumasc Group PLC is GBp359.00, about 56.1% above its July 16 closing price of GBp230.00
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)