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Alumasc Appoints Cavendish as Joint Broker to Boost Market Position

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Alumasc ( (GB:ALU) ) has provided an announcement.

Alumasc Group PLC has appointed Cavendish Capital Markets Limited as a joint corporate broker alongside Peel Hunt LLP. This strategic move is expected to enhance Alumasc’s market presence and strengthen its financial advisory capabilities, potentially benefiting stakeholders through improved market positioning.

More about Alumasc

Alumasc is a UK-based supplier of premium sustainable building products, systems, and solutions. The company focuses on three business segments: Water Management, Building Envelope, and Housebuilding Products, with nearly 80% of sales driven by building regulations and specifications due to their performance characteristics.

YTD Price Performance: 5.83%

Average Trading Volume: 56,696

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £117.5M

For an in-depth examination of ALU stock, go to TipRanks’ Stock Analysis page.

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