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13 Apr 2011 07:00
13 April 2011
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 twelve months ended 31 March 2011.
Consistent with the momentum highlighted at the time of our interim announcement the Group's financial performance continues to improve. The Group remains focused on improving operating margins and cash. Group operating profits are significantly ahead of the same period last year and also ahead of current market expectations. The Group remains net debt free with strong operating cash flow increasing net cash to £18.6m at the year-end, including the £6.2m restricted cash deposit (2009/10: £11.4m).
Scapa Group expects to report its full year results on 26 May 2011.
For further enquiries, please contact:
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
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