Alumasc profits deeply disappointing

Building and engineering products group, Alumasc, saw profits slump after serious problems at its engineering arm hit full year results.

Building and engineering products group, Alumasc, saw profits slump after serious problems at its engineering arm hit full year results.

Underlying profit before tax came in at £1.6m in the year to the end of June, compared with £4.3m the year before.

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