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12 Oct 2016 07:00
12 October 2016
Scapa Group plc ("Scapa" or "the Group")
Period end update
Scapa Group plc (AIM: SCPA), a global supplier of bonding solutions and manufacturer of adhesive based products for the Healthcare and Industrial markets, is today providing a period end update for the six months ended 30 September 2016.
Group revenue, trading profits* and margins are all ahead of last year. The Group has benefitted from recent favourable currency movements and better than expected operational efficiency. The integration of EuroMed, acquired in May 2016, is on track and progressing well. We remain confident of strong progress for the year.
The Group expects to release its results for the half year on 22 November 2016.
*Before exceptional items, amortisation of intangible assets and legacy pensions costs and finance charges
Enquiries:
Scapa Group plc Heejae Chae - Chief Executive Graham Hardcastle - Finance Director |
|
0161 301 7430 |
Numis Securities Limited (Nominated Adviser) Mark Lander / Richard Thomas |
|
020 7260 1000 |
Berenberg (Joint Broker) Chris Bowman / Amritha Murali
Weber Shandwick Nick Oborne |
|
020 3207 7800
020 7067 0721 |
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