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Acquisitions boost profits at Alumasc

Recent acquisitions have been instrumental in lifting sales and profits at Northamptonshire-based building and engineering products firm Alumasc.

The company reported a 21 per cent increase in revenue to £125.8 million for the year ended 30 June, of which 17 per cent was accounted for by growth at Levolux, acquired in May 2007, and Blackdown, acquired in March of this year.

Pre-tax profit rose 12 per cent to £10 million from £6.6 million the year before and net debt has been reduced by 28 per cent to £9.4 million.

Around two-thirds of group revenue is now generated by its Building Productions division, with more than half of the division’s sales accounted for by sustainable building products.

Exposure to the new house building market is limited and accounts for around 7 per cent of group revenue.