28 September 2016 – trading update

The company has noted that trading during the six month period since 31 March 2016 has been in line with expectations and has shown improvement on last year.  This is mainly attributable to organic sales growth in the Industrial Division and the introduction of Synpac to the Films Division following its acquisition in July 2016.  The company is solid and the share price now seems to have the start of some momentum.  We are long term followers and maintain our BUY rating.