Alumasc confirms significant new contract for Levolux

Premium building products, systems and solutions group Alumasc announced on Tuesday that, since the publication of its interim results on 31 January, Levolux secured three contracts to supply bespoke balcony and balustrading systems in the UK.

The London-listed firm said the total value of the new project wins was approximately £5m, and would benefit the group's next two financial years.

As a result of those and other new work wins, Alumasc's overall order books had risen to £32.9m, which the board said was a new record level.

That followed a 17% rise in the company's first half revenues to £50.7m, which was well ahead of UK construction market growth according to the directors.

“The emerging success of Levolux's relatively new balconies business is an exciting development for Alumasc and demonstrates the group's ability to leverage its proven expertise in the design and manufacture of specialist building products into significant new markets,” said chief executive Paul Hooper.

“We are pleased with the continued development of the group's overall order books, which supports the board's expectation for further sustainable growth across our business into the medium term.”