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11 Oct 2012 07:00
11 October 2012
Scapa Group plc
Period end update
Scapa Group plc, a global supplier of bonding systems and solutions, is today providing a period end update for the six months ended 30 September 2012.
Group revenue and operating profits are ahead of the same period last year and in line with expectations. The operating profit margin continues to improve and we remain net cash positive with strong cash flow increasing net cash to £8.5m.
WEBTEC, the US Healthcare acquisition made towards the end of last year, continues to perform well and make a positive contribution to the Group performance.
Current trading remains in line with expectations against the backdrop of continuing macro economic uncertainty.
The Group expects to announce its interim results on 27 November 2012.
For further information:
Scapa Group plc Heejae Chae - Chief Executive Tel: 0161 301 7430
Scapa Group plc Paul Edwards - Finance Director Tel: 0161 301 7430
Arden Partners Chris Hardie Tel: 0207 614 5917
Weber Shandwick Nick Oborne Tel: 0207 067 0700
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