- Aviva 328.90 0.00
- Caza Oil & Gas 14.13 0.00
- Compass Group 887.00 0.00
- Minco 2.88 0.00
- Max Petrol 4.15 0.00
- Next 4,580.00 0.00
- Petroceltic 6.45 0.00
- Woburn Energy 1.50 0.00
- Xtract 0.13 0.00
Good profit margins and reduced debt for Plastics Capital
Wednesday, 25th April 2012
Plastics Capital reveals that sales for the year to end of March 2012 concluded satisfactorily although still affected by the aftermath of the Thai floods. Profit margins have remained good, cash flow has been strong and debt continues to reduce in line with expectations.
The packaging division has seen an encouraging conclusion to the financial year with Q4 sales being the strongest of the financial year.
This reflects some stabilisation of economic conditions as well as a conclusion to the unwinding of stock that had built up with customers over the previous 12 months.
At 8:53am: (LON:PLA) share price was +3.5p at 76p
Story provided by StockMarketWire.com
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