Lovely updates here
Companies covered in our update here delivered exceptional performances over a very tricky period. For a change, the valuations of several also look quite modest. Read on for some excellent prospects.
Alumasc: looks cracking valueAlumasc (LON:ALU), the premium building products and systems Group, confirmed that their markets have remained positive with a record profit achieved for the six months ending 31 December 2020. Revenue in the period increased 11% to £45.6m with underlying pre-tax profit up from £2.3m to £6.0m. Strong cash generation also saw net bank debt reduce from £4.3m at 30 June 2020 to only £0.2m at 31 December 2020, which is impressive. The statement acknowledged that trading benefited from an element of catch-up demand following the UK's first national lockdown and a range of Government support for the…