lacklustre5 May 2016 10:14
"In the first quarter of 2016, revenues were 10% down on the previous year of which 4% was due to lower resin prices. The lower volumes were mainly as result of lower demand for our customers' products in the market which is a continuation of the trend in the second half of 2015. Resin prices are increasing which will reduce margins in the short term before prices are adjusted. Previously reported new business gains have come on stream slower than expected