At the time of the interim results in September forecasts were unchanged with the results stating that profit before tax in FY18 was anticipated to be in line with expectations. Forecasts were heavily H2 weighted in anticipation of a positive impact from price increases and operational efficiencies. We continue to expect a material improvement in terms of operating costs, however, we now assume these to be offset by increased raw material prices particularly PVC resin and glass. This follows
18 Dec 2018
No respite from cost pressures or operating environment
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No respite from cost pressures or operating environment
Epwin Group PLC (EPWN:LON) | 86.5 0 0.0% | Mkt Cap: 123.3m
- Published:
18 Dec 2018 -
Author:
Andy Hanson -
Pages:
9
At the time of the interim results in September forecasts were unchanged with the results stating that profit before tax in FY18 was anticipated to be in line with expectations. Forecasts were heavily H2 weighted in anticipation of a positive impact from price increases and operational efficiencies. We continue to expect a material improvement in terms of operating costs, however, we now assume these to be offset by increased raw material prices particularly PVC resin and glass. This follows