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Following a management buy-out from Consolidated Gold Fields in June 1984, the Alumasc Group became a public limited company in 1986 and is fully listed on the London Stock Exchange.

In 2006, The Alumasc Group plc’s stock exchange classification was changed from engineering products to construction and building materials.

Key trends over the last five years have been:

Greater focus on core premium building products and precision engineering niche markets.

Over the last five years, the proportion of the group’s revenue relating to core Building Products and Precision Engineering activities increased from 56% to 89%. This proportion increases from 77% to 98% at operating profit levels. In the same period, the proportion of the group’s adjusted operating profit from the Building Products division increased from 50% and 75%, and grew from £4.0 million to £6.6 million, at an average compound annual growth rate of 13%.

On a pro forma basis, including Levolux, over 60% of ongoing group revenue is now being derived from Building Products, representing a clear evolution over recent years from the group’s origins as an Engineering Products business.

An increased proportion of group revenue derived from environmentally sustainable products.

The group is increasingly well positioned, both through businesses that have been owned for many years, and through more recent investments including Levolux, to benefit from growing demand for environmentally sustainable products. Over half of the group revenue is estimated to derive from products that give particular benefits in the fields of insulation, energy reduction and rainwater management. The group’s major activities in this area are:

• the number one position in the UK’s intensive green roof market, which in turn “pulls-through” demand for Alumasc’s associated roofing and waterproofing membranes;
• leading market positions in the rainwater management and drainage markets, with Gatic Slotdrain systems, in particular, benefiting from software that enables engineers quickly to design bespoke solutions tailored to projections of rain and surface water flow in specific locations;
• Levolux, the UK market leader in solar shading and control systems which reduce heat in buildings through either external or internal sun shading;
• MR render systems, the UK market leading exterior wall insulation system used to refurbish social houses of solid wall construction; and
• the manufacture of aluminium components by Alumasc Precision which, in addition to being recyclable, reduce weight, transfer heat quickly and thereby reduce energy use and carbon emissions from the engines and vehicles in which they are used.

Increased export activity

The group seeks to grow export sales, particularly where there are opportunities to repeat successes we have enjoyed in the UK. Exports as a proportion of Group sales increased from 14.5% five years ago to 21% in 2007. Particular successes this year have been increased sales of precision components to non-automotive diesel engine manufacturers in Europe and the USA, the growth in sales of Gatic Slotdrain in Europe and increased demand for Gatic access covers in airport projects in the Middle East and Far East

Source document: The Alumasc Group PLC Report and Accounts 2007