Coral Products Share News (CRU)

IN BRIEF: Coral Products eyes annual revenue to rise above market view

Coral Products PLC - Manchester, England-based specialist in the design, manufacture and supply of plastic products - Expects revenue for the year ended April 30 to be over GBP35 million, compared to GBP14.4 million the year before. Says this is slightly ahead of market expectations. Adjusted earnings before interest, tax, depreciation and amortisation is expected to be not less than GBP3.5 million.

Coral Products enter new GBP10.4 million Virgin Money banking facility

(Alliance News) - Coral Products PLC on Wednesday said it entered a new banking facility with Virgin Money Personal Financial Service Ltd of around GBP10.4 million.

Coral Products secures new banking facility

(Sharecast News) - Plastics manufacturer and supplier Coral Products has secured a new banking facility with Virgin Money, it announced on Wednesday.

IN BRIEF: Coral Products shares up on surging interim sales and profit

Coral Products PLC - Manchester, England-based specialist in the design, manufacture and supply of plastic products - Reports sales of GBP17.6 million for the six months ended October 31, from just GBP7.1 million the year before. Pretax profit is GBP894,000, up 86% from GBP510,000. Underlying operating profit is up 81% to GBP1.4 million from GBP759,000. Maintains an interim dividend of 0.50 pence per share.

IN BRIEF: Coral Products appoints Ian Hillman as executive director

Coral Products PLC - Manchester, England-based specialist in the design, manufacture and supply of plastic products - Announces the appointment of Ian Hillman as executive director of the company with immediate effect.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: SigmaRoc files patent; Griffin restarts operations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

CORRECT: Coral Products buys Ecodeck; Evgen Pharma recruits

(Correcting Harmony Energy Income Trust's use of funds.)

TRADING UPDATES: Coral Products buys Ecodeck; Evgen Pharma recruits

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Coral Products acquires Ecodeck Grids in £5.6m deal

(Sharecast News) - Plastic products specialist Coral Products announced the acquisition of Ecodeck Grids for up to £5.6m on Wednesday.

TRADING UPDATES: NWF backs outlook; Braemar impresses

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:

Coral Products makes 'very strong start' to year

(Sharecast News) - Plasticware specialist Coral Products described a "very strong start" to its new financial period on Thursday, with sales and profits before tax "materially ahead" of last year, and in line with market expectations.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Coral Products buys custom manufacturing firm Manplas

Coral Products PLC - Manchester-based plastic products maker - Buys Manplas Holdings Ltd for GBP300,000, paying GBP200,000 in cash and GBP100,000 in 625,000 shares at 16 pence per share. Manplas provides custom manufacturing of vacuum-formed components and sheet plastic parts from premises adjoining those of Coral's Tatra Rotalac subsidiary. Manplas reported an after-tax loss of GBP29,000 on sales of GBP2.7 million in the financial year that ended June 30, 2021. Coral says the services offered by Manplas complement those of its Customised Packaging Ltd subsidiary, also based nearby.

AIM WINNERS & LOSERS: GB Group shares soar on possible takeover offer

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.