Alumasc (GB:ALU) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Alumasc Group PLC has exceeded market expectations with a reported underlying profit before tax of at least £12.6 million for the year ended 30 June 2024, outperforming last year’s figures and the current market forecast. The company has achieved approximately 6.5% organic revenue growth, surpassing the UK construction market, and anticipates further gains from the recent ARP acquisition and ongoing strategic investments. Despite challenging market conditions, Alumasc’s focus on sustainable solutions and new product development has positioned them for continued growth and enhanced shareholder value.
For further insights into GB:ALU stock, check out TipRanks’ Stock Analysis page.