Building products supplier Alumasc (LON: ALU) has gone from strength to strength in the year to April 2021 and demand for its products remains high. The dividend was higher than expected. However, shortages of other materials could hamper progress this year.
Full year revenues were 19% ahead at £90.5m, while underlying pre-tax profit nearly trebled to £10.5m, helped by cost cuts and improving margins. Net debt was £900,000, while the pension deficit has reduced to £4.5m.
The final dividend is 6.25p a share and the total dividend is 9.5p a share.
Divisions
There are three divisions...
