28 September 2015 – trading update
The company has issued a positive trading update covering the financial year to date confirming that trading is in line with expectations. The Films division is trading strongly as the group moves into Q3 with margins improving whilst the group is also increasing production capacity. The Industrial division is operating in more difficult markets although trading here continues to improve and the group is hopeful of announcing a significant new contract win during H2. We maintain our recommendation of BUY.