Alumasc to supply multi-million pound roof
Building and engineering products group Alumasc has won a 10 million pound contract to supply roofing to a large aluminium smelter in Canada.
Building and engineering products group Alumasc has won a 10 million pound contract to supply roofing to a large aluminium smelter in Canada.
The firm said the majority of the revenue and profit from the new contract was expected to come in its financial years ending 30 June 2013 and 30 June 2014.
"It is very pleasing to report a further aluminium smelter related project win which was the result of Alumasc Armaseam's technical solution and which followed a rigorous evaluation over several months," said Chief Executive Paul Hooper.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The win is good news for the firm but won't help its 2012 figures.
In February the company said that margin pressures had overshadowed revenue growth in the half year to December 31st and that full year results would be "materially below previous expectations".
Group revenue during the period rose from £49.6m to £54.1m year-on-year, but underlying profit-before-tax fell to £1m, compared to £2.2m the previous year.
Earnings per share more than halved from 3.6p to 1.4p. The interim dividend was reduced from 3.25p to 1p per share.
Alumasc's shares rose 3% in early trading on Monday following the news of the contract win.
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Trump’s tariffs: what is he thinking and how should UK respond?
Every right-thinking person knows that free trade is a surer route to the wealth of nations than protectionism, says Stuart Watkins. What is Trump thinking?
By Stuart Watkins Published
-
Barclays begins paying up to £100 compensation to customers after banking outage
Barclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
By Daniel Hilton Published