Building products firm blames Carillion, bad weather for profit fall

By Jordan Marshall2018-09-11T12:06:00

Source: Shutterstock

Alumasc says pre-tax profit fell by half last year

Building products supplier Alumasc is pointing the finger at bad weather and Carillion’s collapse for a downturn in its financial performance.

The firm, who provided the waterproofing on the Shard, saw pre-tax profit fall from £8.1m to £5.4m in the year to 30 June.

The company’s chief executive Paul Hooper said severe weather at the start of this year and the impact of the Carillion liquidation were to blame for the poor performance.

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