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Trading Statement

9 Oct 2014 07:00

RNS Number : 8204T
Scapa Group PLC
09 October 2014
 

 

9 October 2014

Scapa Group plc

Period end update

Scapa Group plc (AIM: SCPA), a global supplier of bonding materials and solutions, is today providing a period end update for the six months ended 30 September 2014.

Group revenue and trading profits* have seen good growth over the same period last year, despite currency headwinds, which have reduced since our trading update on 22 July. The trading profit* margin continues to improve and the Group delivered strong operating cash flow, contributing to a healthy balance sheet.

Scapa is well positioned to make further good progress this year and the Board remains confident about the Group's outlook.

 The Group expects to announce its interim results on 25 November 2014.

* Operating profits before exceptional items and amortisation

 

For further information:

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

0207 496 3000

 

Weber Shandwick

Nick Oborne

 

020 7067 0721

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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