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10 Apr 2014 07:00
10 April 2014
Scapa Group plc
Year end update
Scapa Group plc (AIM: SCPA), a global manufacturer of bonding materials and solutions for the Healthcare, Industrial and Electronics markets, is today providing a year end update for the twelve months ended 31 March 2014.
The progress reported in the Interim Results has continued, with the Group delivering a stronger second half to the year. As a result, Scapa's performance* for the full year is anticipated to be slightly ahead of expectations.
Healthy cash flow in the period ensured the Group ended the year with net cash of £5.3m.
Scapa Group expects to report its full year results on 28 May 2014.
* Before exceptional items, amortisation of intangible assets and legacy pensions costs and finance charges
Enquiries:
Scapa Group plc Heejae Chae - Chief Executive Paul Edwards - Finance Director
| 0161 301 7430 |
Numis Securities Limited (Nominated Adviser and Joint Broker) Mark Lander / Richard Thomas | 020 7260 1000 |
N+1 Singer (Joint Broker) Nick Owen
| 0191 279 7412 |
Weber Shandwick Nick Oborne | 020 7067 0000 |
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