The firm issued a bullish trading statement to the City this morning which saw its share price rise 15% in early trading.

The statement said: “The Building Products division grew its revenues year on year by almost 20%, a clear outperformance relative to the UK construction market.

“Execution and delivery on construction projects has been strong, including those that were either completed or substantially completed in the weeks leading up to the financial year end.

“As a result of this overall performance, underlying group profit before tax for the year will be ahead of management’s previous expectations.”

Alumasc will announce its annual results on September 3.