12 July 2023 - final results
The technical plastic products group has announced its results for the year to 31 March which show that the difficult trading at the group continues. Revenue for the year increased by 11.5% to £143.4m with underlying pre-tax profit from continuing operations emerging at £2.19m - this was lower than the previous year due to lower margins and increased finance costs. Underlying earnings per share fell to 0.4p from 3.1p. Net debt rose marginally to £34.3m. There is again no dividend. Despite the results, there are signs that the company . . .
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