- Premium sustainable building products group Alumasc cut its dividend after reporting a fall in annaul profit as the pandemic hurt revenue in the final quarter of the year.

For the year ended 30 June 2020, pre-tax profit fell 31% to £2.7m on-year as revenue slipped 16% to £76.0m.

The final dividend was cut to 2 pence per share from 4.4p last year.

'Looking ahead the board is cautiously optimistic given the strong start to the new financial year across the group,' the company said.

At 9:46am: [LON:ALU] Alumasc Group PLC share price was +5p at 85p

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