Member Info for Jarnel

RPC Group plc announced that it has proposed interim dividend for the year ending March 31, 2012 of GBP0.042 (2010: 3.4p) per share will be paid on January 27, 2012 to shareholders on the register at close of business on December 30, 2011. It has not been included as a liability as at September 30, 2011. http://www.reuters.com/finance/stocks/RPC.L/key-developments/article/2442307

30 November 2011 | 07:08am StockMarketWire.com - Plastic packaging specialist RPC Group said today that revenue was significantly higher at £586.7m in the half-year to end-September (2010: £381.9m). The increase was due to inclusion of Superfos and an 11% increase in sales on a like-for-like basis. Overall volumes were similar to last year with the sales mix improving and higher polymer prices passed through to the customer base. Adjusted operating profit increased to £45.4m (2010: £21.8m). Adjusted EPS at 18.3p (2010 restated: 11.7p). Net profit doubled to a record £26.3m for the period (2010: £13.1m). ROCE improved to 18.1% versus a pro-forma 15.1% for the year ending March 2011 RPC reported a satisfactory cash flow performance with cash generated from operations at £30.9m (2010: £27.1m). The group said the Superfos integration was progressing well with accelerated synergy realisation. Interim dividend is up to 4.2p (2010: 3.4p). Jamie Pike, Chairman, said: "RPC has delivered a very good first half year performance with the integration of the Superfos business progressing well and synergies anticipated to be £9m for the year ending March 2012. Whilst macro-economic uncertainties have increased, the Group has made significant progress towards achieving its stated aim of 20% ROCE by March 2014." http://www.stockmarketwire.com/article/4267175/RPC-profits-surge.html

Typical of today's market - strong announcement and the SP falls - what mad times we live in ... FLASH: RPC Group net profits double http://www.stockmarketwire.com/article/4267215/FLASH-RPC-Group-net-profits-double.html