AGM Trading Statement

RNS Number : 5599N

Alumasc Group PLC

27 October 2016

 

27 October 2016

THE ALUMASC GROUP PLC (ALU.L)

2016 AGM trading statement for the financial year ending 30 June 2017

The positive trading momentum leading up to the end of our last financial year has continued and the fundamental growth drivers underpinning Alumasc's business remain strong.

Order books, already healthy at the last year end, have remained at high levels and the pipeline of enquiries and quotations continues to be encouraging.  As previously reported, this strong order book will benefit the second half year in particular, mainly reflecting the scheduling of larger projects in Levolux's North American order book.

Cash flow remains strong, leaving the group with significant financial resources for ongoing investment to support future growth.

The Board's expectations for full year performance remain unchanged.

END

Enquiries:

The Alumasc Group plc

Paul Hooper (Chief Executive)                                                                                                  01536 383821

Andrew Magson (Finance Director)                                                                                         01536 383844

Glenmill Partners Limited

Simon Bloomfield                                                                                                                           07771 758514

 

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