<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q


/  X  /  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
         EXCHANGE ACT OF 1934

         For the quarterly period ended        March 27, 1999    
                                        -------------------------------

                                                     OR

/     /  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
         EXCHANGE ACT OF 1934

         For the transition period from               to                       
                                       --------------   -------
         Commission file number     333-05978                 

                           EURAMAX INTERNATIONAL PLC
             (Exact name of registrant as specified in its charter)

             ENGLAND AND WALES                           98-1066997
      (State or other jurisdiction of       (I.R.S. Employer Identification No.)
      incorporation or organization)

     5445 TRIANGLE PARKWAY, SUITE 350,
             NORCROSS, GEORGIA                              30092
 (Address of principal executive offices)                (Zip Code)

         Registrant's telephone number, including area code 770-449-7066

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                                  /  X  / Yes  /     / No

As of April 26, 1999, Registrant had outstanding 1,000,000 Ordinary Shares and
34,000,000 Preference Shares.

                                  Page 1 of 22
                        Exhibit Index located on page 20

<PAGE>


                         PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS


                   EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
                  CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
                           (THOUSANDS OF U.S. DOLLARS)
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                                    QUARTER ENDED         QUARTER ENDED
                                                                                      MARCH 27,             MARCH 28,
                                                                                         1999                  1998
                                                                                  -------------------   -------------------

<S>                                                                                      <C>                <C>           
Net sales                                                                                $   132,387        $      143,089

Costs and expenses:
     Cost of goods sold                                                                      107,790               119,417
     Selling and general                                                                      13,172                12,079
     Depreciation and amortization                                                             3,390                 3,054
                                                                                  -------------------   -------------------
        Earnings from operations                                                               8,035                 8,539

Interest expense, net                                                                        (5,258)               (6,060)
Other expenses, net                                                                            (579)                  (41)
                                                                                  -------------------   -------------------
        Earnings before income taxes                                                           2,198                 2,438
Provision for income taxes                                                                       960                 1,019
                                                                                  -------------------   -------------------
        Net earnings                                                                           1,238                 1,419
Dividends on redeemable preference shares                                                      1,622                 1,413
                                                                                  -------------------   -------------------
Net earnings (loss) available for ordinary shareholders                                   $    (384)        $            6
                                                                                  -------------------   -------------------
                                                                                  -------------------   -------------------
</TABLE>


The accompanying notes are an integral part of these condensed consolidated
financial statements.




                                       2
<PAGE>



                   EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                           (THOUSANDS OF U.S. DOLLARS)
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                                                    MARCH 27,   DECEMBER 25,
                                                                                      1999         1998
                                                                                  -----------   -----------
<S>                                                                                <C>           <C>   
                                                          ASSETS
Current assets:
     Cash and cash equivalents                                                     $  23,332     $  19,044
     Accounts receivable, net                                                         82,575        81,845
     Inventories                                                                      81,129        74,735
     Other current assets                                                              4,726         4,585
                                                                                   ---------     ---------
          Total current assets                                                       191,762       180,209
Property, plant and equipment, net                                                   114,345       117,080
Goodwill, net                                                                         74,677        76,047
Deferred income taxes                                                                  8,581         8,588
Other assets                                                                           7,246         6,725
                                                                                   ---------     ---------
                                                                                   $ 396,611     $ 388,649
                                                                                   ---------     ---------
                                                                                   ---------     ---------
                                           LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
     Cash overdrafts                                                               $   2,192      $  1,513
     Accounts payable                                                                 59,845        51,862
     Accrued expenses and other current liabilities                                   30,615        29,094
     Current maturities of long-term debt                                             17,107         9,182
                                                                                   ---------     ---------
          Total current liabilities                                                  109,759        91,651
Long-term debt, less current maturities                                              205,286       208,496
Other liabilities                                                                     10,558        13,100
Deferred income taxes                                                                 16,031        19,398
                                                                                   ---------     ---------
          Total liabilities                                                          341,634       332,645
                                                                                   ---------     ---------
Redeemable preference shares                                                          47,961        46,339
                                                                                   ---------     ---------
Ordinary shareholders' equity:
     Ordinary shares                                                                   1,000         1,000
     Retained earnings                                                                10,963        11,347
     Accumulated other comprehensive loss                                             (4,947)       (2,682)
                                                                                   ---------     ---------
             Total ordinary shareholders' equity                                       7,016         9,665
                                                                                   ---------     ---------
                                                                                   ---------     ---------
                                                                                   $ 396,611     $ 388,649
                                                                                   ---------     ---------
                                                                                   ---------     ---------
</TABLE>

The accompanying notes are an integral part of these condensed consolidated
financial statements.




                                       3
<PAGE>



                   EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                           (THOUSANDS OF U.S. DOLLARS)
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                                    QUARTER ENDED     QUARTER ENDED
                                                                      MARCH 27,          MARCH 28,
                                                                        1999               1998
                                                                    -------------     ------------
<S>                                                                   <C>                <C>      
Net cash used in operating activities                                 $   (719)          $ (3,490)
                                                                      --------           --------
Cash flows from investing activities:                                                 
       Purchase of business                                             (2,769)              --
       Proceeds from sale of assets                                        558                 50
       Capital expenditures                                             (2,419)            (2,951)
                                                                      --------           --------
            Net cash used in investing activities                       (4,630)            (2,901)
                                                                      --------           --------
Cash flows from financing activities:                                                 
       Repayment of long-term debt                                      (3,727)            (4,547)
       Proceeds from long-term debt                                      9,000             10,569
       Other                                                               680               --
                                                                      --------           --------
            Net cash provided by financing activities                    5,953              6,022
                                                                      --------           --------
Effect of exchange rate changes on cash                                  3,684              1,104
                                                                      --------           --------
Net increase in cash and equivalents                                     4,288                735
Cash and equivalents at beginning of period                             19,044             12,914
                                                                      --------           --------
                                                                      --------           --------
Cash and equivalents at end of period                                 $ 23,332           $ 13,649
                                                                      --------           --------
                                                                      --------           --------
Non-cash investing and financing activities:                                          
        Payable for certain non-compete agreements associated with                    
            purchase of business                                      $    500           $   --
                                                                      --------           --------
                                                                      --------           --------
        Dividends on redeemable preference shares                     $  1,622           $  1,413
                                                                      --------           --------
                                                                      --------           --------
</TABLE>
                                                                             

The accompanying notes are an integral part of these condensed consolidated
financial statements.






                                       4
<PAGE>


                   EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           (THOUSANDS OF U.S. DOLLARS)
                                   (UNAUDITED)

1.   BASIS OF PRESENTATION:

For purposes of this report the "Company" refers to Euramax International plc
("Euramax") and Subsidiaries, collectively.

The Condensed Consolidated Financial Statements of the Company have been
prepared in accordance with the rules and regulations of the Securities and
Exchange Commission (the "SEC"). In the opinion of the management of the
Company, these statements include all adjustments necessary for a fair
presentation of the results of all interim periods reported herein. All
adjustments are of a normal recurring nature unless otherwise disclosed.
Management believes that the disclosures made are adequate for a fair
presentation of results of operations, financial position and cash flows. These
Condensed Consolidated Financial Statements should be read in conjunction with
the year-end consolidated financial statements and accompanying notes included
in the Company's Annual Report on Form 10-K for the year ended December 25,
1998. Operating results for the period ended March 27, 1999, are not necessarily
indicative of future results that may be expected for the year ending December
31, 1999.

On February 5, 1999, the Company's wholly owned subsidiary, Amerimax Home
Products, Inc., purchased certain assets related to the building materials
business of Unimet Manufacturing, Inc. ("Unimet") for approximately $3.3
million, including transaction expenses of approximately $135.0 thousand. As of
March 27, 1999, approximately $2.8 million was paid in cash. The remaining
purchase price of $500.0 thousand, representing consideration for certain
non-compete agreements, will be paid in equal installments over the next five
years. The pro forma operating results of the Company for the quarter ended
March 27, 1999, assuming Unimet was purchased on January 1, 1999, would not have
been materially different from the results presented in these Condensed
Consolidated Financial Statements.

Certain 1998 amounts have been reclassified to conform to current year
presentation.

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

For information regarding significant accounting policies, see Note 2 to the
Consolidated Financial Statements of the Company for the year ended December 25,
1998, set forth in the Company's Annual Report on Form 10-K.

In June 1998, the Financial Accounting Standards Board ("FASB") issued SFAS No.
133, ACCOUNTING FOR DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES. SFAS 133 is
effective for all fiscal quarters of all fiscal years beginning after June 15,
1999 (December 31, 2000 for the Company). SFAS 133 requires that all derivative
instruments be recorded on the balance sheet at their fair value. Changes in the
fair value of derivatives are recorded each period in current earnings or other
comprehensive income, depending on whether a derivative is designated as part of
a hedge transaction and, if it is, the type of hedge transaction. For fair-value
hedge transactions in which the Company is hedging changes in the fair value of
an asset, liability, or firm commitment, changes in the fair value of the
derivative instrument will generally be offset in the income statement by
changes in the hedged item's fair value. For cash-flow hedge transactions, in
which the Company is hedging the variability of cash flows related to a
variable-rate asset, liability, or a forecasted transaction, changes in the fair
value of the derivative instrument will be reported in other comprehensive
income. The gains and losses on the derivative instrument that are reported in
other comprehensive income will be reclassified as earnings in the periods in
which earnings are impacted by the variability of the cash flows of the hedged
item.


                                       5
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED):

The ineffective portion of all hedges will be recognized in current-period
earnings. Management is currently reviewing the provisions of SFAS No. 133 and
does not believe that the Company's financial statements will be materially
impacted by the adoption.

3.  INVENTORIES:

Inventories were comprised of:
<TABLE>
<CAPTION>
                                               MARCH 27,     DECEMBER 25,
                                                  1999           1998
                                               ---------     ------------
<S>                                             <C>              <C>     
Raw materials                                   $59,457          $ 53,247
Work in process                                   9,429            10,172
Finished products                                12,243            11,316
                                               ---------     ------------
                                                $81,129          $ 74,735
                                               ---------     ------------
                                               ---------     ------------
</TABLE>
                                                         
4. LONG-TERM OBLIGATIONS:

In addition to scheduled current maturities of $7.8 million, the Company has
classified $9.3 million as current maturities of long-term debt, because it has
the ability and intent to currently pay its Term Loans under the Dutch Guilder
facility. Effective April 6, 1999, the Company amended its Credit Agreement to,
among other items, allow for the prepayment of the Term Loans under the Dutch
Guilder facility and to permanently waive the 1998 Excess Cash Flow Provision.

For detailed information regarding the Company's long-term obligations, see Note
5 to the Consolidated Financial Statements of the Company for the year ended
December 25, 1998, set forth in the Company's Annual Report on Form 10-K.

5. COMMITMENTS AND CONTINGENCIES:

LITIGATION

The Company is subject to legal proceedings and claims that have arisen in the
ordinary course of business. Although occasional adverse decisions or
settlements may occur, it is the opinion of the Company's management, based upon
information available at this time, that the expected outcome of these matters,
individually or in the aggregate, would not reasonably be expected to have a
material adverse effect on the consolidated financial position, results of
operations or cash flows of the Company and its subsidiaries taken as a whole.

ENVIRONMENTAL MATTERS

The Company's operations are subject to federal, state, local and European
environmental laws and regulations concerning the management of pollution and
hazardous substances.

The Company has been named as a defendant in lawsuits or as a potentially
responsible party in state and Federal administrative and judicial proceedings
seeking contribution for costs associated with the investigation, analysis,
correction and remediation of environmental conditions at various hazardous
waste disposal sites. The



                                       6
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


5. COMMITMENTS AND CONTINGENCIES (CONTINUED):

Company continues to monitor these actions and proceedings and to vigorously
defend both its own interests as well as the interests of its affiliates. The
Company's ultimate liability in connection with present and future environmental
claims will depend on many factors, including its volumetric share of the waste
at a given site, the remedial action required, the total cost of remediation,
and the financial viability and participation of the other entities that also
sent waste to the site. Once it becomes probable that the Company will incur
costs in connection with remediation of a site and such costs can be reasonably
estimated, the Company establishes or adjusts its reserve for its projected
share of these costs. Based upon current law and information known to the
Company concerning the size of the sites known to it, anticipated costs, their
years of operations and the number of other potentially responsible parties,
management believes that it has adequate reserves for the Company's potential
share of the estimated aggregate liability for the costs of remedial actions and
related costs and expenses. In addition, the Company establishes reserves for
remedial measures required from time to time at its own facilities. Management
believes that the reasonably probable outcomes of these matters will not
materially exceed established reserves and will not have a material impact on
the future financial position, net earnings or cash flows of the Company. The
Company's reserves, expenditures and expenses for all environmental exposures
were not significant for any of the dates or periods presented.

In connection with the acquisition of the Company from Alumax Inc. on September
25, 1996, the Company was indemnified by Alumax for substantially all of its
costs, if any, related to environmental matters for occurrences arising prior to
the closing date of the acquisition during the period of time it was owned
directly or indirectly by Alumax. Such indemnification includes costs that may
ultimately be incurred to contribute to the remediation of certain specified
existing National Priorities List ("NPL") sites for which the Company had been
named a potentially responsible party under the federal Comprehensive
Environmental Response, Compensation, and Liability Information System
("CERCLA") as of the closing date of the acquisition, as well as certain
potential costs for sites listed on state hazardous cleanup lists. With respect
to all other environmental matters, Alumax's obligations are limited to $125.0
million. However, notwithstanding the indemnity, the Company does not believe
that it has any significant probable liability for environmental claims.
Further, the Company believes it to be unlikely that the Company would be
required to bear environmental costs in excess of its pro rata share of such
costs as a potentially responsible party under CERCLA.

6. COMPREHENSIVE INCOME:

For the quarters ended March 27, 1999 and March 28, 1998, comprehensive income
(loss) was approximately $(1.0) million and $1.3 million, respectively. Other
comprehensive income refers to revenue, expenses, gains and losses that are
reflected in stockholders' equity but excluded from net earnings. For the
Company, the components of other comprehensive income are principally foreign
currency translation adjustments and minimum pension liability adjustments.
Other comprehensive income (loss), net of tax, was approximately $(2.3) million
and $(164.0) thousand, respectively.


                                       7
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


SEGMENT INFORMATION:

For detailed information regarding the Company's reportable segments, see Note
13 to the Consolidated Financial Statements of the Company for the year ended
December 25, 1998, set forth in the Company's Annual Report on Form 10-K.

The table below presents information about reported segments for the quarters
ended March 27, 1999 and March 28, 1998.

<TABLE>
<CAPTION>
                                                   EUROPEAN               U.S.               EUROPEAN
                                                 ROLL COATING         FABRICATION          FABRICATION           TOTAL
                                              -------------------  -------------------  ------------------- -----------------
<S>                                                <C>                   <C>                   <C>               <C>     
THREE MONTHS ENDED MARCH 27, 1999
Sales                                              $ 36,076              $ 95,922              $ 16,119          $148,117
EBITDA                                                4,893                 5,515                 1,759            12,167
                                                                                                               
THREE MONTHS ENDED MARCH 28, 1998                                                                              
Sales                                              $ 44,353              $ 99,100              $ 17,671          $161,124
EBITDA                                                6,698                 3,852                 2,139            12,689
                                                                                                               
</TABLE>

A reconciliation of total segment sales to total consolidated sales and of total
segment EBITDA to total consolidated earnings before income taxes, for the
quarters ended March 27, 1999 and March 28, 1998, is as follows:

<TABLE>
<CAPTION>
                                                                              QUARTER ENDED  QUARTER ENDED
                                                                                MARCH 27,       MARCH 28,
                                                                                  1999            1998
                                                                              ------------   -------------
<S>                                                                              <C>             <C>      
SALES
Total segment sales                                                              $ 148,117       $ 161,124
Eliminations                                                                       (15,730)        (18,035)
                                                                              ------------   -------------
   Consolidated net sales                                                        $ 132,387       $ 143,089
                                                                              ------------   -------------
                                                                              ------------   -------------
EBITDA                                                                          
Total EBITDA for reportable segments                                             $  12,167       $  12,689
Expenses that are not segment specific                                              (1,321)         (1,137)
Depreciation and amortization                                                       (3,390)         (3,054)
Interest expense, net                                                               (5,258)         (6,060)
                                                                              ------------   -------------
   Consolidated earnings before income taxes                                     $   2,198       $   2,438
                                                                              ------------   -------------
                                                                              ------------   -------------
                                                                             
</TABLE>



                                       8
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


7.   SEGMENT INFORMATION (CONTINUED):

The following table reflects revenues from external customers by groups of
similar products for the quarters ended March 27, 1999 and March 28, 1998:
<TABLE>
<CAPTION>

                                                                                           QUARTER ENDED      QUARTER ENDED
                                                                                             MARCH 27,          MARCH 28,
    CUSTOMERS/MARKETS                          PRIMARY PRODUCTS                                 1999               1998
---------------------------   ----------------------------------------------------        -----------------  -----------------
<S>                        <C>                                                            <C>                <C>
Original Equipment            Painted aluminum sheet and coil; fabricated
Manufacturers ("OEMs")          painted aluminum, laminated and fiberglass
                                panels; RV doors, windows and roofing; and
                                composite building panels                                       $   67,252         $   74,550

Rural Contractors             Steel and aluminum roofing and siding                                 22,771             23,467

Home Centers                  Raincarrying systems, roofing accessories,
                                windows, doors, and shower enclosures                               15,754             17,743

Manufactured Housing          Steel siding and trim components                                      11,650             13,307

Distributors                  Metal coils, raincarrying systems and roofing
                                accessories                                                          4,898              5,437

Industrial and                Standing seam panels and siding and roofing
Architectural Contractors       accessories                                                          4,369              5,008

Home                          Vinyl replacement windows; metal roofing and
Improvement                     insulated roofing panels; shower, patio and
Contractors                     entrance doors; and awnings                                          5,693              3,577
                                                                                          -----------------  -----------------
                                                                                                $  132,387         $  143,089
                                                                                          -----------------  -----------------
                                                                                          -----------------  -----------------
</TABLE>

8. SUBSEQUENT EVENT:

On April 23, 1999, the Company completed an acquisition of all of the
outstanding shares of Color Clad plc, a U.K. corporation. Color Clad is a
producer of aluminum exterior walls and roofs sold primarily to U.K. producers
of recreational vehicles (caravans). The acquisition is expected to augment the
Company's leading position as a supplier of such products in Western Europe. The
purchase price and pro forma effects of the transaction are not material to the
Company's financial position or results of operation.




                                       9
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


9.   SUPPLEMENTAL CONDENSED COMBINED FINANCIAL STATEMENTS:

On September 25, 1996, Euramax purchased the Company from Alumax Inc. The
acquisition was financed, in part, through Senior Subordinated Notes due 2006
(the "Notes"). The Notes are primary obligations of Euramax (the "Parent"). The
United Kingdom and The Netherlands holding company subsidiaries of Euramax are
co-obligors under the Notes (the "Co-obligors"). The United States holding
company subsidiary of Euramax (the "Guarantor") has provided a full and
unconditional guarantee of the Notes. The following Supplemental Condensed
Combined Financial Statements as of March 27, 1999 and March 28, 1998, reflect
the financial position and results of operations of each of the Parent, the
Co-Obligors and Guarantor entities, and such combined information of the
Non-Guarantor Subsidiaries. The Co-obligors and the Guarantor are wholly-owned
subsidiaries of Euramax and are each jointly, severally, fully, and
unconditionally liable under the Notes. Separate complete financial statements
of each Co-obligor and of the Guarantor are not presented because management has
determined that they are not material to investors.
<TABLE>
<CAPTION>

                                                                        QUARTER ENDED MARCH 27, 1999
                                    ----------------------------------------------------------------------------------------------
                                              CO-OBLIGORS AND GUARANTOR SUBSIDIARIES
                                    ------------------------------------------------------
                                       EURAMAX     AMERIMAX       EURAMAX      EURAMAX
                                    INTERNATIONAL  HOLDINGS,      EUROPEAN     EUROPEAN       NON-
                                         PLC         INC.       HOLDINGS PLC  HOLDINGS B.V. GUARANTOR                 CONSOLIDATED
                                       (PARENT)   (GUARANTOR)   (CO-OBLIGOR) (CO-OBLIGOR)  SUBSIDIARIES  ELIMINATIONS    TOTALS
                                     ------------ ------------  ------------ ------------- ------------ ------------- ------------
<S>                                  <C>          <C>           <C>          <C>            <C>           <C>         <C>
Net Sales                             $     --    $      --     $      --    $       --     $ 132,387     $     --     $ 132,387

Cost and expenses:
 Cost of goods sold                         --           --            --            --       107,790           --       107,790
 Selling and general                       739           --            --             1        12,432           --        13,172
 Depreciation and amortization              --           --            --            --         3,390           --         3,390
                                      ---------   ---------     ---------     ---------     ---------     ---------    ---------

 Earnings (loss) from operations          (739)          --            --            (1)        8,775           --         8,035

Equity in earnings of subsidiaries       1,744          666           702         3,024            --       (6,136)           --
Interest expense, net                       --         (457)         (124)          (15)       (4,662)          --        (5,258)
Other income (expense), net                 --           --          (848)       (2,953)        3,222           --          (579)
                                      ---------   ---------     ---------     ---------     ---------     ---------    ----------

 Earnings (loss) before income taxes     1,005          209          (270)           55         7,335       (6,136)        2,198


Provision (benefit) for income taxes      (233)        (178)         (319)       (1,212)        2,902           --           960
                                      ---------   ---------     ---------     ---------     ---------     ---------    ----------

Net earnings                             1,238          387            49         1,267         4,433       (6,136)        1,238

Dividends on redeemable preference
 shares                                  1,622           --            --            --            --           --         1,622
                                      ---------   ---------     ---------     ---------     ---------     ---------    ----------
Net earnings (loss) available for
ordinary  shareholders                $   (384)   $     387       $    49     $   1,267     $   4,433     $ (6,136)     $    (384)
                                      ---------   ---------     ---------     ---------     ---------     ---------     ----------
                                      ---------   ---------     ---------     ---------     ---------     ---------     ----------
</TABLE>




                                       10
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


9. SUPPLEMENTAL CONDENSED COMBINED FINANCIAL STATEMENTS (CONTINUED):
<TABLE>
<CAPTION>
                                                                       QUARTER ENDED MARCH 28, 1998
                                    ----------------------------------------------------------------------------------------------
                                              CO-OBLIGORS AND GUARANTOR SUBSIDIARIES
                                    ------------------------------------------------------
                                       EURAMAX     AMERIMAX       EURAMAX      EURAMAX
                                    INTERNATIONAL  HOLDINGS,      EUROPEAN     EUROPEAN       
                                         PLC         INC.       HOLDINGS PLC HOLDINGS B.V. NON-GUARANTOR              CONSOLIDATED
                                       (PARENT)   (GUARANTOR)   (CO-OBLIGOR) (CO-OBLIGOR)  SUBSIDIARIES  ELIMINATIONS    TOTALS
                                    ------------- ------------  ------------ ------------- ------------ ------------- ------------
<S>                                 <C>           <C>           <C>           <C>          <C>           <C>          <C>       
Net Sales                           $      -      $      -      $      -      $       -    $  143,089    $       -    $  143,089

Cost and expenses:
 Cost of goods sold                        -             -             -              -       119,417            -       119,417
 Selling and general                      23             -             -              -        12,056            -        12,079
 Depreciation and amortization             -             -             -              -         3,054            -         3,054
                                    ---------     ---------     ---------     ---------    -----------   ----------    -----------
 Earnings (loss) from operations         (23)            -             -              -         8,562            -         8,539 
Equity in earnings of subsidiaries     1,442        (1,605)        1,133          3,069             -       (4,039)             -
Interest expense, net                      -          (583)         (177)            (6)       (5,294)           -        (6,060)
Other income (expense), net                -             -            74         (1,116)        1,001            -           (41)
                                    ---------     ---------     ---------     ----------   -----------   ----------    -----------
 Earnings (loss) before income
  taxes                                1,419        (2,188)        1,030          1,947         4,269       (4,039)        2,438

Provision (benefit) for income 
 taxes                                     -          (228)         (31)           (394)        1,672            -         1,019
                                    ---------     ---------     ---------     ----------   -----------   ----------    -----------

Net earnings (loss)                    1,419        (1,960)       1,061           2,341         2,597       (4,039)        1,419

Dividends on redeemable preference
         shares                        1,413             -            -              -             -             -         1,413
                                    ---------     ---------     --------      ---------    ----------    ----------    -----------
Net earnings (loss) available for
ordinary shareholders               $      6      $ (1,960)     $ 1,061       $  2,341     $   2,597     $  (4,039)     $      6

</TABLE>






                                       11
<PAGE>

                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


<TABLE>
<CAPTION>

9. SUPPLEMENTAL CONDENSED COMBINED FINANCIAL STATEMENTS (CONTINUED):

                                                                           MARCH 27, 1999
                                    --------------------------------------------------------------------------------------
                                              CO-OBLIGORS AND GUARANTOR SUBSIDIARIES
                                    ------------------------------------------------------
                                       EURAMAX     AMERIMAX       EURAMAX      EURAMAX
                                    INTERNATIONAL  HOLDINGS,      EUROPEAN     EUROPEAN       NON-
                                         PLC         INC.       HOLDINGS PLC  HOLDINGS B.V. GUARANTOR                 CONSOLIDATED
                                       (PARENT)   (GUARANTOR)   (CO-OBLIGOR) (CO-OBLIGOR)  SUBSIDIARIES  ELIMINATIONS    TOTALS
                                     ------------ ------------  ------------ ------------- ------------ ------------- ------------
<S>                                  <C>          <C>           <C>          <C>            <C>           <C>         <C>
                                                                                  ASSETS
Current assets:
     Cash and cash equivalents        $         -    $       -    $       -   $          -   $   23,332   $        -   $    23,332
     Accounts receivable, net                   2            -            -              -       82,573            -        82,575
     Inventories                                -            -            -              -       81,129            -        81,129
     Other current assets                       -            -            -              -        4,726            -         4,726
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
          Total current assets                  2            -            -              -      191,760            -       191,762
Property, plant and equipment, net              -            -            -              -      114,345            -       114,345
Amounts due from parent/affiliates         73,191       76,444       43,324         44,193            -    (237,152)             -
Goodwill, net                                   -            -            -              -       74,677            -        74,677
Investment in consolidated
  subsidiaries                             57,428       33,224        1,093         22,236            -    (113,981)             -
Deferred income taxes                           -            -            -              -        8,581            -         8,581
Other assets                                1,775            -          711            781        3,979            -         7,246
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
                                      $   132,396   $  109,668   $   45,128   $     67,210   $  393,342   $  (351,133) $   396,611
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------

                                                                           LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
     Cash overdrafts                  $         -     $      -    $       -    $         -   $    2,192   $        -    $    2,192
     Accounts payable                           -            -            -              -       59,845            -        59,845
     Accrued expenses and other                      
      current liabilities                    (891)       1,705          290          6,801       22,710            -        30,615
     Current maturities of long-
      term debt                                 -            -            -              -       17,107            -        17,107
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
          Total current liabilities         (891)        1,705          290          6,801      101,854            -       109,759
Long-term debt, less current
 maturities                                70,605            -       27,179         37,216       70,286            -       205,286
Amounts due to parent/affiliates            7,705       82,713        8,764          1,695      136,275    (237,152)             -
Other liabilities                               -            -            -              -       10,558            -        10,558
Deferred income taxes                           -            -            -              -       16,031            -        16,031
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
          Total liabilities                77,419       84,418       36,233         45,712      335,004     (237,152)      341,634
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
Redeemable preference shares               47,961            -            -              -            -            -        47,961
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
Ordinary shareholders' equity:
     Ordinary shares                        1,000            -           78             23        4,970       (5,071)        1,000
     Paid-in capital                            -       17,000        6,922          9,077       89,458     (122,457)            -
     Retained earnings (deficit)           10,963        8,511        4,068         14,229      (32,042)       5,234        10,963
     Accumulated other                                                                                                  
      comprehensive loss                   (4,947)        (261)      (2,173)        (1,831)      (4,048)        8,313       (4,947)
     
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
     Total ordinary shareholders'
      equity                                7,016       25,250        8,895         21,498       58,338      (113,981)       7,016
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
                                      $   132,396   $  109,668   $   45,128   $     67,210   $  393,342   $  (351,133) $   396,611
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------
                                      ------------  -----------  -----------  -------------  -----------  -----------  ------------

</TABLE>


                                       12
<PAGE>


                  EURAMAX INTERNATIONAL PLC AND SUBSIDIARIES
       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
                         (THOUSANDS OF U.S. DOLLARS)
                                 (UNAUDITED)


9. SUPPLEMENTAL CONDENSED COMBINED FINANCIAL STATEMENTS (CONTINUED):


<TABLE>
<CAPTION>

                                                                           DECEMBER 25, 1999
                                              --------------------------------------------------------------------------------------
                                                 CO-OBLIGORS AND GUARANTOR SUBSIDIARIES
                                              ----------------------------------------------
                                                                       EURAMAX     EURAMAX
                                                  EURAMAX  AMERIMAX    EUROPEAN    EUROPEAN 
                                              INTERNATIONAL HOLDINGS,  HOLDINGS    HOLDINGS        NON-
                                                    PLC      INC.        PLC         B.V.       GUARANTOR               CONSOLIDATED
                                                 (PARENT) (GUARANTOR)(CO-OBLIGOR)(CO-OBLIGOR) SUBSIDIARIES ELIMINATIONS    TOTALS
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
<S>                                             <C>        <C>        <C>          <C>        <C>            <C>          <C>      
                                                                                  ASSETS
Current assets:
     Cash and equivalents                       $    --    $    --    $    --      $    --    $    19,044    $    --      $  19,044
     Accounts receivable, net                        --         --         --           --         81,845         --         81,845
     Inventories                                     --         --         --           --         74,735         --         74,735
     Other current assets                            --         --         --           --          4,585         --          4,585
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
          Total current assets                       --         --         --           --        180,209         --        180,209
Property, plant and equipment, net                   --         --         --           --        117,080                   117,080
Amounts due from parent/affiliates                 73,197     72,188     43,622       46,447       93,168     (328,622)        --
Goodwill, net                                        --         --         --           --         76,047         --         76,047
Investment in consolidated subsidiaries            57,951     32,559        357       20,846         --       (111,713)        --
Deferred income taxes                                --         --         --           --          8,588                     8,588
Other assets                                        1,834       --          756          871        3,264         --          6,725
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
                                                $ 132,982  $ 104,747  $  44,735    $  68,164   $  478,356   $ (440,335)   $ 388,649
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
                                                                  LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
     Cash overdrafts                            $    --    $    --    $    --      $    --     $    1,513   $     --      $   1,513
     Accounts payable                                --         --         --           --         51,862         --         51,862
     Accrued expenses and other current
          liabilities                                (577)      (102)      (294)       2,062       28,005         --         29,094
     Current maturities of long- term debt           --         --         --           --          9,182         --          9,182
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
          Total current liabilities                  (577)      (102)      (294)       2,062       90,562         --         91,651
Long-term debt, less current maturities            70,605       --       27,179       37,216       73,496         --        208,496
Amounts due to parent/affiliates                    6,950     79,987      8,792        7,019      225,874     (328,622)        --
Other liabilities                                    --         --         --           --         13,100         --         13,100
Deferred income taxes                                --         --         --           --         19,398         --         19,398
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
          Total liabilities                        76,978     79,885     35,677       46,297      422,430     (328,622)     332,645
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
Redeemable preference shares                       46,339       --         --           --           --           --         46,339
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
Ordinary shareholders' equity:
     Ordinary shares                                1,000       --           78           23        4,970       (5,071)       1,000
     Paid-in capital                                 --       17,000      6,922        9,077       89,458     (122,457)        --
     Retained earnings (deficit)                   11,347      8,124      4,019       12,962      (36,475)      11,370       11,347
     Accumulated other comprehensive
           loss                                    (2,682)      (262)    (1,961)        (195)      (2,027)       4,445       (2,682)
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
          Total ordinary shareholders' equity       9,665     24,862      9,058       21,867       55,926     (111,713)       9,665
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
                                                $ 132,982  $ 104,747  $  44,735    $  68,164   $  478,356  $  (440,335)   $ 388,649
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------
                                                --------- ----------  ----------  ----------  -----------  -----------   -----------

</TABLE>


                                       13
<PAGE>


ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

BUSINESS OVERVIEW

The following discussion should be read in conjunction with the Condensed
Consolidated Financial Statements included elsewhere in this document, as well
as the year-end consolidated financial statements and management's discussion
and analysis included in the Company's Annual Report on Form 10-K for the year
ended December 25, 1998.

The Company is an international producer of value-added aluminum, steel, vinyl
and fiberglass fabricated products, with facilities strategically located in the
U.K., The Netherlands, France, and all major regions of the continental United
States. Euramax's core products include specialty coated coils, aluminum
recreational vehicle sidewalls, farm and agricultural panels, roofing
accessories, metal and vinyl raincarrying systems, soffit and fascia systems,
recreational vehicle ("RV") doors, and vinyl replacement windows. The Company's
customers include original equipment manufacturers ("OEMs") such as recreational
vehicle and commercial panel manufacturers; rural contractors; home centers;
manufactured housing producers; distributors; industrial and architectural
contractors; and home improvement contractors. Consistent with prior periods, a
significant portion of the Company's sales are generated in niche markets where
the Company enjoys a dominant market share, including aluminum RV sidewalls,
metal raincarrying products and steel siding.

The Company's strategy is to expand its leadership position as a producer of
aluminum and steel products and to further diversify product offerings,
customers and geographic regions in which it operates. Under this strategy,
during the first quarter of 1999, the Company acquired certain assets related to
the building materials business of Unimet Manufacturing, Inc. The acquisition is
expected to expand the Company's customer base for metal raincarrying systems
sold to the home center, buying cooperative and building distributor markets. In
addition, on April 23, 1999, the Company completed an acquisition of all of the
outstanding shares of Color Clad plc, a U.K. corporation. Color Clad is a
producer of aluminum exterior walls and roofs sold primarily to U.K. producers
of recreational vehicles (caravans). The acquisition is expected to augment the
Company's leading position as a supplier of such products in Western Europe. The
Company expects to continue identifying and acquiring businesses and assets as
part of executing its strategy.

RISK MANAGEMENT

The Company's exposure to and management of market risk from changes in interest
rates, exchange rates and commodity prices have not changed significantly from
the year ended December 25, 1998. For further information regarding the
Company's risk management, see "Management's Discussion and Analysis - Risk
Management" and "Item 7A. Quantitative and Qualitative Disclosures about Market
Risk" set forth in the Company's Annual Report on Form 10-K for the year ended
December 25, 1998.





                                       14
<PAGE>


RESULTS OF OPERATIONS

QUARTER ENDED MARCH 27, 1999 AS COMPARED TO QUARTER ENDED MARCH 28, 1998

The following table sets forth the Company's Statements of Earnings Data
expressed as a percentage of net sales:
<TABLE>
<CAPTION>

                                                                     QUARTERS ENDED
                                                       --------------------------------------------
                                                             MARCH 27,             MARCH 28,
                                                               1999                  1998
                                                       --------------------------------------------
<S>                                                            <C>                   <C>   
STATEMENTS OF EARNINGS DATA:
Net sales                                                      100.0%                100.0%
Costs and expenses:
  Cost of goods sold                                            81.4                  83.5
  Selling and general                                            9.9                   8.4
  Depreciation and amortization                                  2.6                   2.1
                                                       --------------------------------------------
   Earnings from operations                                      6.1                   6.0
Interest expense, net                                           (4.0)                 (4.3)
Other expenses, net                                             (0.4)                  -
                                                       --------------------------------------------
    Earnings before income taxes                                 1.7                   1.7
Provision for income taxes                                        .7                    .7
                                                       --------------------------------------------
    Net earnings                                                 1.0%                  1.0%
                                                       --------------------------------------------
                                                       --------------------------------------------
</TABLE>


NET SALES. Net sales decreased 7.5% to $132.4 million for the quarter ended
March 27, 1999, from $143.1 million for the quarter ended March 28, 1998. The
decrease is primarily attributable to lower sales in the European market for
painted aluminum and steel coil (primarily industrial sheet sales) due to a
general softening of demand. Net sales also declined due to lower aluminum
selling prices in 1999 associated with the falling world prices for aluminum.
The average price of aluminum on the London Metal Exchange for the quarter ended
March 27, 1999, was approximately 18.3% lower than the average for the quarter
ended March 28, 1998. Sales of aluminum based products were approximately 54.5%
of net sales for the quarter ended March 27, 1999. Net sales in the U.S.
decreased 4.3% to $81.0 million for the quarter ended March 27, 1999, from $84.6
million for the quarter ended March 28, 1998. Net sales in Europe decreased
12.1% to $51.4 million for the quarter ended March 27, 1999, from $58.5 million
for the quarter ended March 28, 1998.

COST OF GOODS SOLD. Cost of goods sold, as a percentage of net sales, decreased
2.1% for the quarter ended March 27, 1999, to 81.4% in 1999 from 83.5% in 1998.
This decrease is primarily attributable to operational improvements realized at
the Helena, Arkansas paintline facility, a decrease in raw material aluminum
prices, and improved margins on sales to home centers and rural contractors in
North America.

SELLING AND GENERAL. Selling and general expenses, as a percentage of net sales,
increased 1.5% for the quarter ended March 27, 1999, to 9.9% in 1999 from 8.4%
in 1998. This increase is primarily attributable to investments in technology
and product development.

DEPRECIATION AND AMORTIZATION. Depreciation and amortization, as a percentage of
net sales, increased 0.5% for the quarter ended March 27, 1999, to 2.6% in 1999
from 2.1% in 1998 due to increased depreciation on 1998 capital expenditures.

EARNINGS FROM OPERATIONS. For reasons stated above, earnings from operations in
the U.S. increased to $3.7 million for the quarter ended March 27, 1999, from
$1.3 million for the quarter ended March 28, 1998. 



                                       15
<PAGE>

Earnings from operations in Europe decreased to $4.3 million for the quarter
ended March 27, 1999, from $7.2 million for the quarter ended March 28, 1998.

INTEREST EXPENSE, NET. Net interest expense, as a percentage of net sales,
decreased 0.3% to $5.3 million for the quarter ended March 27, 1999, from $6.1
million for the quarter ended March 28, 1998.

OTHER EXPENSES, NET. Other expenses were not significant for the quarters ended
March 27, 1999 and March 28, 1998.

PROVISION FOR INCOME TAXES. The income tax provision for the period is based on
the effective tax rate expected to be applicable for the full year. The
effective rate for the provision for income taxes increased from 41.8% to 43.7%
for the quarters ended March 28, 1998 and March 27, 1999, respectively. The
higher rate in 1999 is primarily due to an increase in U.S. earnings coupled
with decreased earnings in Europe. U.S. earnings are typically subject to higher
tax rates than European earnings, due in part to state income taxes.

LIQUIDITY AND CAPITAL RESOURCES

LIQUIDITY. The Company's primary liquidity needs arise from debt service
incurred in connection with acquisitions and the funding of capital
expenditures. As of March 27, 1999, the Company had outstanding indebtedness of
$222.4 million, representing an increase of $4.7 million as compared to December
25, 1998. Included in such indebtedness was approximately $87.4 million under
the Company's Credit Agreement, consisting of $44.2 million under the Company's
Term Loans and $43.2 million under the Company's Revolving Credit Facility. The
undrawn amount of the Revolving Credit Facility at March 27, 1999, was
approximately $56.8 million, which was available for working capital and general
corporate purposes, subject to borrowing base limitations. As of March 27, 1999,
this amount was fully available.

The Company's leveraged financial position requires that a substantial portion
of the Company's cash flow from operations be used to pay interest on the Notes,
principal and interest under the Company's Credit Agreement and other
indebtedness. Significant increases in the floating interest rates on the Term
Loans and Revolving Credit Facility would result in increased debt service
requirements, which may reduce the funds available for capital expenditures and
other operational needs. In addition, the Company's leveraged position may
impede its ability to obtain financing in the future for working capital,
capital expenditures and general corporate purposes. Further, the Company's
leveraged position may make it more vulnerable to economic downturns and may
limit its ability to withstand competitive pressures.

With respect to the Term Loans, in addition to scheduled current maturities of
$7.8 million, the Company has classified $9.3 million as current maturities of
long-term debt, because it has the ability and intent to currently pay its Term
Loans under the Dutch Guilder facility. Effective April 6, 1999, the Company
amended its Credit Agreement to, among other items, allow for the prepayment of
the Term Loans under the Dutch Guilder facility and to permanently waive the
1998 Excess Cash Flow Provision.

The Company's primary source of liquidity is funds generated from operations,
which are supplemented by borrowings under the Credit Agreement. The Company
used $2.8 million less cash for operating activities during the quarter ended
March 27, 1999, compared to the quarter ended March 28, 1998. Increased
operating cash flows in the first quarter of 1999 as compared to the first
quarter of 1998 are primarily due to a significantly smaller increase in
accounts receivable between March 27, 1999 and December 25, 1998 (less than 1%),
as compared to the change between March 28, 1998 and December 26, 1997 (17.3%).

                                       16
<PAGE>

See Note 1 and Note 8 to the Condensed Consolidated Financial Statements for
information regarding acquisitions.

The Company believes that cash generated from operations and, subject to
borrowing base limitations, borrowings under the Company's Credit Agreement will
be adequate to meet its needs for the foreseeable future, although no assurance
to that effect can be given.

CAPITAL EXPENDITURES. The Company's capital expenditures were $2.4 million and
$3.0 million for the quarters ended March 27, 1999 and March 28, 1998,
respectively. Capital expenditures in 1999 include approximately $631.1 thousand
for improvements to the paintline in Corby, England. The balance of capital
expenditures in both periods primarily relate to purchases and upgrades of
fabricating equipment, transportation and material moving equipment, and
information systems.

The Company has made and will continue to make capital expenditures to comply
with Environmental Laws. The Company estimates that its environmental capital
expenditures will be approximately $1.0 million in 1999.

WORKING CAPITAL MANAGEMENT. Working capital was $82.0 million as of March 27,
1999, compared to $88.6 million as of December 25, 1998. The Company continues
to aggressively manage working capital levels and believes that current levels
of working capital represent a liquid source of funds available for future cash
flows.

IMPACT OF THE YEAR 2000 ISSUE

The Year 2000 issue is the result of computer programs being written using two
digits rather than four to define the application year. Any of the Company's
computers and equipment that have date-sensitive software, including embedded
computer chips, may recognize a date using "00" as the year 1900 rather than the
year 2000. This could result in a system failure, operating equipment failure or
miscalculations causing disruptions of operations, including, among other
things, a temporary inability to process transactions, send invoices, or engage
in similar normal business activities.

The Company's plan to resolve the Year 2000 issue involves four phases:
assessment, remediation, testing and implementation. To date, management has
fully completed its assessment of the effect of the Year 2000 issue on its
information systems, including the operating systems and equipment used in its
manufacturing operations. Based on assessments conducted in 1997, the Company
determined that it would be required to modify or replace significant portions
of its software at two of its subsidiaries so that its computer systems will
properly utilize dates beyond December 31, 1999. Based upon assessments
conducted in 1998 with regard to operating equipment, the Company determined
that it would not be required to modify or replace any material pieces of
operating equipment in order for the equipment to properly utilize dates beyond
December 31, 1999.

With respect to remediation, two of the Company's subsidiaries are currently
undertaking conversions to fully integrated third-party software packages that
will process the majority of the Company's key transactions. These conversions,
including the testing and implementation of the new systems, are expected to be
fully complete during the second half of 1999. Historical costs incurred through
March 27, 1999, are approximately $2.1 million. The Company estimates the costs
to complete the conversions to be approximately $600.0 thousand, which will be
funded through operating cash flows. The total estimated costs of conversion to
the integrated third party software packages also include the costs of
conversion to the Euro (see "European Currency"). The Company is approximately
60% complete with the remediation phase related to the modification and
replacement of the systems software located at the two subsidiaries. The Company
believes that with the current modifications of existing software, the Year 2000
issue can be mitigated with respect to its significant processes.

                                       17
<PAGE>

Based upon the estimated level of effort necessary to complete the task, the
Company is approximately 80% complete on the testing phase for all other systems
and operating equipment that the Company has assessed as being capable of
properly utilizing dates beyond December 31, 1999. Completion of the testing
phase is expected to occur by mid-1999.

With respect to third parties, the Company has communicated with many of its
major customers and its major vendors and suppliers to determine their state of
readiness with respect to the Year 2000 issue. In addition, the Company
conducted tests with several of its major vendors and suppliers during 1998, and
will continue to conduct such tests during 1999. All costs associated with
supplier and vendor compliance will be borne by the suppliers and vendors. To
date, based upon the information provided by customers and suppliers and the
tests which have been conducted with suppliers, the Company is not aware of any
problems that would materially impact its results of operations, liquidity or
capital resources.

While the Company currently believes that it will be able to modify or replace
its affected systems in time to minimize any detrimental effects on its
operations, failure to do so, or the failure of the Company's major customers
and suppliers to modify or replace their affected systems, could have a material
adverse impact on the Company's results of operations, liquidity or consolidated
financial position in the future. The most reasonably likely worst case scenario
of failure by the Company or its customers and suppliers to resolve the Year
2000 issue in a timely fashion would be a temporary slowdown in operations at
one or more of the Company's facilities and a temporary inability on the part of
the Company to timely process orders and billings.

In the event that modifications and replacements of systems are not completed
timely, the Company's individual subsidiaries have identified and considered
various contingency options, including identification of alternate suppliers and
vendors, and including the processing of significant transactions by other
facilities located within the Company whose systems are capable of properly
utilizing dates beyond December 31, 1999.

EUROPEAN CURRENCY

As provided in the 1992 treaty on European Union, on January 1, 1999, a new
single European currency, the "Euro," became a currency in its own right,
replacing the currencies of the eleven initial members of the European Union
("participating countries"). Fixed conversion rates between the participating
countries' existing currencies ("legacy currencies") and the Euro were
established as of that date. The Euro is available for non-cash transactions.
Between January 1, 1999 and January 1, 2002 (the "transition period"), the
participating countries have the option of accounting for their transactions in
either Euros or their legacy currencies. The legacy currencies are scheduled to
remain legal tender as denominations of the Euro until at least January 1, 2002,
but not later than July 1, 2002. Beginning July 1, 2002, legacy currencies will
cease to exist.

SCHEDULE FOR INTRODUCTION OF THE EURO - Three of the Company's European
subsidiaries are located in participating countries, but have elected the option
of accounting for their transactions in their legacy currencies during at least
the first year of the transition period. However, the Company, including
subsidiaries located in both participating as well as non-participating
countries, was able to transact business in the Euro as of January 1, 1999. This
includes the ability to make and receive payments in the Euro, to invoice in the
Euro, and to provide pricing in the Euro.

ECONOMIC IMPACT ON THE COMPANY - The increased price transparency resulting from
the use of a single currency in the participating countries may affect the
ability of certain companies to price their products 



                                       18
<PAGE>

differently in the various European markets. A possible result of this pricing
transparency is price harmonization at lower average prices for products sold in
some markets. However, due to the niche markets in which the Company operates,
the Company does not anticipate that pricing transparency resulting from the use
of a single currency by the participating countries will materially impact its
net sales or earnings from operations.

In addition to the economic impact of pricing transparency, conversion to the
Euro may reduce the Company's exposure to changes in foreign exchange rates due
to the effect of having various assets and liabilities denominated in a single
currency as opposed to various legacy currencies. However, because there will be
less diversity in the Company's exposure to foreign currencies, movements in the
Euro's value in U.S. dollars could have a more pronounced effect, positive or
negative, on the Company's results.

COSTS OF CONVERSION TO THE EURO - The Company's European subsidiaries located in
participating countries have converted or are in the process of converting to
new computer systems to prepare for the Year 2000. These systems will also be
Euro-capable. The conversions are expected to be complete by mid-1999. The
Company estimates that its costs to complete the conversions to the new systems,
which relate to Year 2000 issues, the Euro and operational improvements, will be
approximately $1.0 million in 1999, and will be funded through operating cash
flows. Other costs of conversion to the Euro are not expected to be material.

RECENT ACCOUNTING PRONOUNCEMENTS

In June 1998, the Financial Accounting Standards Board ("FASB") issued Statement
of Financial Accounting Standards ("SFAS") No. 133, ACCOUNTING FOR DERIVATIVE
INSTRUMENTS AND HEDGING ACTIVITIES. SFAS 133 is effective for all fiscal
quarters of all fiscal years beginning after June 15, 1999 (December 31, 2000
for the Company). SFAS 133 requires that all derivative instruments be recorded
on the balance sheet at their fair value. Changes in the fair value of
derivatives are recorded each period in current earnings or other comprehensive
income, depending on whether a derivative is designated as part of a hedge
transaction and, if it is, the type of hedge transaction. For fair-value hedge
transactions in which the Company is hedging changes in the fair value of an
asset, liability, or firm commitment, changes in the fair value of the
derivative instrument will generally be offset in the income statement by
changes in the hedged item's fair value. For cash-flow hedge transactions, in
which the Company is hedging the variability of cash flows related to a
variable-rate asset, liability, or a forecasted transaction, changes in the fair
value of the derivative instrument will be reported in other comprehensive
income. The gains and losses on the derivative instrument that are reported in
other comprehensive income will be reclassified as earnings in the periods in
which earnings are impacted by the variability of the cash flows of the hedged
item. The ineffective portion of all hedges will be recognized in current period
earnings. Management is currently reviewing the provisions of SFAS No. 133 and
does not believe that the Company's financial statements will be materially
impacted by the adoption.

ENVIRONMENTAL MATTERS

The Company's exposure to environmental matters has not changed significantly
from the year ended December 25, 1998. For detailed information regarding
environmental matters, see "Management's Discussion and Analysis
Risk-Management" set forth in the Company's Annual Report on Form 10-K for
the year ended December 25, 1998.

NOTE REGARDING FORWARD LOOKING STATEMENTS: The Management's Discussion and
Analysis and other sections of this Form 10-Q may contain forward looking
statements that are based on current expectations, estimates and projections
about the industries in which the Company operates, management's beliefs and
assumptions made by management. Words such as "expects," "anticipates,"
"intends," "plans," "believes," 



                                       19
<PAGE>

"estimates," or variations of such words and similar expressions are intended to
identify such forward looking statements. These forward-looking statements are
based on a number of assumptions that could ultimately prove inaccurate, and,
therefore, there can be no assurance that they will prove to be accurate. All
such forward looking statements are subject to the safe harbor created by the
Private Securities Litigation Reform Act of 1995. Important factors that could
cause future financial performance to differ materially and significantly from
past results and from those expressed or implied in this document include,
without limitation, the risks of acquisition of businesses (including limited
knowledge of the businesses acquired and misrepresentations by sellers), changes
in business strategy or development plans, the cyclical demand for the Company's
products, the supply and/or price of aluminum and other raw materials, currency
exchange rate fluctuations, environmental regulations, availability of
financing, competition, reliance on key management personnel, ability to manage
growth, loss of customers, and a variety of other factors. For further
information on these and other risks, see the "Risk Factors" section of Item 1
of the Company's Annual Report on Form 10-K for the year ended December 25,
1998, as well as the Company's other filings with the Securities and Exchange
Commission. The Company assumes no obligation to update publicly its forward
looking statements, whether as a result of new information, future events or
otherwise.

PART II - OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)(1)   The following consolidated financial statements of Euramax
         International plc and its subsidiaries are included in Part I, Item 1.

               Condensed Consolidated Statements of Earnings for the quarters
               ended March 27, 1999 and March 28, 1998

               Condensed Consolidated Balance Sheets at March 27, 1999 and
               December 25, 1998

               Condensed Consolidated Statements of Cash Flows for the quarters
               ended March 27, 1999 and March 28, 1998

               Notes to Condensed Consolidated Financial Statements

(b) The Company filed no reports on Form 8-K during the three months ended March
27, 1999.

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<PAGE>


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K (CONTINUED)

(c)      Exhibits:
         2.1**    Purchase Agreement dated as of April 28, 1997, among the
                  Company and Genstar Capital Corporation ("GCC"), Ontario
                  Teachers' Pension Plan Board and the Management Stockholders
                  of Gentek Holdings, Inc. ("Holdings") as sellers GCC as
                  sellers' representative; Holdings and Gentek Building
                  Products, Inc. ("GBPI"). (Incorporated by reference to Exhibit
                  2.1 of the Registrant's Form 8-K filed August 1, 1997).

         3.1*     Articles of Association of Euramax International plc

         3.2*     Memorandum and Articles of Association of Euramax European
                  Holdings plc

         3.3*     Articles of Association of Euramax International B.V.

         3.4*     Articles of Incorporation of Amerimax Holdings, Inc.

         3.5*     Bylaws of Amerimax Holdings, Inc.

         4.3*     Indenture, dated as of September 25, 1996, by and among
                  Euramax International plc, Euramax European Holdings plc,
                  Euramax European Holdings B.V., Amerimax Holdings, Inc. and
                  the Chase Manhattan Bank, as Trustee.

         4.4*     Deposit Agreement, dated as of September 25, 1996, by and
                  among Euramax International plc, Euramax European Holdings
                  plc, Euramax European Holdings B.V., and The Chase Manhattan
                  Bank, as book-entry depositary

         4.5*     Registration Rights Agreement, dated as of September 25, 1996,
                  by and among Euramax International plc, Euramax European
                  Holdings plc, Euramax European Holdings B.V., Amerimax
                  Holdings, Inc. and J.P. Morgan Securities Inc. and Goldman
                  Sachs & Co.

         4.6*     Purchase Agreement dated as of September 18, 1996, by and
                  among Euramax International Ltd., Euramax European Holdings
                  Ltd., Euramax European Holdings B.V., Amerimax Holdings, Inc.
                  and J.P. Morgan Securities Inc. and Goldman Sachs & Co.

         10.26    Incentive Compensation Plan effective January 1, 1997, by
                  Euramax International plc

         10.27    Phantom Stock Plan effective January 1, 1999, by Euramax
                  International plc

         27       Financial Data Schedule

--------------------------------------------------------------------------------
*        Incorporated by reference to the Exhibit with the same number in the
         Registrant's Registration Statement on Form S-4 (333-05978) which
         became effective on February 7, 1997.
**       Incorporated by reference to the Exhibit with the same number in the
         Registrant's Annual Report on Form 10-K (333-05978) which was filed on
         March 12, 1998.


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                                   SIGNATURES

PURSUANT TO THE REQUIREMENTS OF SECTION 13 OR 15(d) OF THE SECURITIES AND
EXCHANGE ACT OF 1934, EURAMAX INTERNATIONAL PLC HAS DULY CAUSED THIS REPORT TO
BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY AUTHORIZED.

                            EURAMAX INTERNATIONAL PLC

         Signature                      Title                        Date
         ---------                      -----                        ----
  /s/ J. DAVID SMITH      Chief Executive Officer and President  April 26, 1999
-------------------------
J. David Smith



 /s/ R. SCOTT VANSANT     Chief Financial Officer and Secretary   April 26, 1999
-------------------------
R. Scott Vansant







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