Plastics Capital Share News (PLA)

Plastics Capital Information

There is currently no data for PLA

Plastics Capital records double-digit first-half sales growth

Fri, 05th Oct 2018 10:01

(Sharecast News) - Niche plastics outfit Plastics Capital told investors on Friday that it had continued to trade in line with market expectations across the first six months of its trading year.In the six months ended 30 September, sales grow at double-digit rates, with profitability boosted as the revenue mix shifted towards its higher-margin industrial division.Plastics Capital also said currency had been "helpful", as the benefit of the sterling's post-Brexit referendum weakness was now being felt with forward contracts taken out prior to that time being settled and replaced.Besides the strong performance from its industrials division, the AIM-listed revealed its films unit had also continued to perform well and derive "the best from the combination of the three businesses that we have brought together".Chairman Faisal Rahmatallah, said: "Significant organic growth is being achieved across both our Divisions. Except for our mandrels business, the order books are healthy. We continue to add capacity to fulfil this demand and to enable future growth thereafter.""We have made a good start to the year and anticipate a year of further good progress."As of 1000 BST, Plastics Capital shares had picked up 1.80% to 113p.

More News

3 Dec 2018 11:01

Plastics Capital To Become Synnovia In Move Against Plastic Waste

LONDON (Alliance News) - Plastics Capital PLC on Monday reported a significant drop in interim profit due to a large swing in the impact of foreign exchange movements, as the company is proposing

3 Dec 2018 10:15

Plastics Capital sees decent first-half growth

(Sharecast News) - Niche plastics products manufacturer Plastics Capital issued its unaudited interim results for the six months ended 30 September on Monday, which were reportedly in line with its own expectations.

26 Nov 2018 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 27 November IntertekTrading Statement CranswickHalf Year Year Year Year Year

2 Jul 2018 13:34

Plastics Capital Increases Profit Due To Outstanding Organic Growth

LONDON (Alliance News) - Plastics Capital PLC said Monday its annual profits and revenue increased after an "outstanding year for organic growth".For the year ended March 31, its

16 Mar 2018 16:59

DIRECTOR DEALINGS: Plastics Capital Non-Executive Director Buys Shares

LONDON (Alliance News) - Plastics Capital PLC said Non-Executive Director Keith Butler-Wheelhouse acquired shares in the packaging company in a transaction on acquired on at a

13 Feb 2017 09:14

Plastics Capital full-year results to be in line with expectations

(ShareCast News) - AIM-listed manufacturer Plastics Capital anticipates that full-year results will be in line with expectations after revenue in the third quarter exceeded forecasts. The plastics company said that third quarter revenue were ahead of expectations following stronger than anticipated

5 Dec 2016 11:15

Plastics Capital's investments pay off in first half

(ShareCast News) - Plastics Capital's investments in new products has led to higher revenues across both its divisions. The AIM-listed plastics products manufacturer reported revenue rose by 13.4% to £27.8m in the six months ended 30 September 2016. Industrial Division revenue was up 19.2%, led by k

28 Sep 2016 12:14

Plastics Capital says trading in line with market views

(ShareCast News) - AIM-listed Plastics Capital said on Wednesday that trading for the financial year to date was in line with market expectations. The niche plastics group said trading in the six months to the end of March shows improvement on the previous year, mostly thanks to organic sales grow

18 Jul 2016 11:20

Plastics Capital bags Synpac for £3.1m

(ShareCast News) - AIM-listed niche group Plastics Capital said it had bought Synpac, a specialist manufacturer of vacuum bags and pouches for the food processing industry, for £3.1m, on a cash and debt-free basis. The company said the purchase would be satisfied through existing debt facilities and

18 Jul 2016 07:59

Plastics Capital Acquires Packaging Firm Synpac For GBP3.1 Million

14 Jul 2016 17:13

DIRECTOR DEALINGS: Plastics Capital Non-Executive Buys Shares

4 Jul 2016 06:46

Plastics Capital Ups Dividend By 10% After Turning To Profit

3 May 2016 07:26

Plastics Capital Results To Meet Market View On Good Second Half

15 Feb 2016 11:19

Plastics Capital weathering tough industrial conditions

(ShareCast News) - Plastics Capital said it was weathering a number of difficult market conditions on Monday, updating the market on its third quarter operations, which were broadly in line with expectations. The AIM-traded plastic products firm said group revenues were continuing to show a signific

Latest Share Chat

Plastics Capital Share News (PLA)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Plastics Capital records double-digit first-half sales growth

Login to your account

Quickpicks are a member only feature

Login to your account