ALUMASC GROUP PLC - FY 2026 Results for the 12 months ended 30 June 2026

ALUMASC GROUP PLC delivered a resilient FY 2026 performance despite challenging UK construction markets, with revenue declining 6% to £107 million and underlying profit before tax falling to £10 million from £14.2 million. Excluding the prior-year Chek Lap Kok Airport contract, revenue was broadly stable, while non-Chek Lap Kok export sales grew 36%. House Building Products was the standout performer, with revenue up 16% despite a 12% decline in UK private housing starts, while Building Envelope maintained revenue at the prior year’s record level. Water Management remained the key area for improvement, with revenue down 16% overall, although its August order book was 68% ahead year-on-year. Group gross margin declined 150 basis points to 36.4%, with operating margin at 10.5%, while operating cash conversion remained above 100%. The Group continues to target a medium-term operating margin of 15–20%, supported by operational efficiencies, volume recovery and supply chain rationalisation. Encouragingly, the order book at August 2026 was 56% higher year-on-year and revenue for the first two months of FY 2027 increased 5%, with all divisions ahead. Growth opportunities include the £2 million Changi Airport contract, potential subsequent phases worth £10–15 million, expanding international sales and continued investment in sustainable building products. ALUMASC GROUP PLC remains focused on organic growth, margin improvement, disciplined acquisitions and leveraging structural demand for environmentally sustainable building solutions.