As flagged at the AGM in September, performance at Carclo’s Technical Plastics division (CTP) was held back by key new programmes slipping from H118 to H218 as well as some operational issues, which have been largely resolved. This was balanced by outperformance in the LED Technologies division (LED), where the level of design, development and tooling activity was ahead of expectations. Management anticipates that full year trading will be in line with expectations, so we leave our estimates bro ....
23 Nov 2017
Carclo - Positioned for H2 recovery
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Carclo - Positioned for H2 recovery
Carclo plc (CAR:LON) | 7.5 0 7.9% | Mkt Cap: 5.49m
- Published:
23 Nov 2017 -
Author:
Anne Margaret Crow -
Pages:
8
As flagged at the AGM in September, performance at Carclo’s Technical Plastics division (CTP) was held back by key new programmes slipping from H118 to H218 as well as some operational issues, which have been largely resolved. This was balanced by outperformance in the LED Technologies division (LED), where the level of design, development and tooling activity was ahead of expectations. Management anticipates that full year trading will be in line with expectations, so we leave our estimates bro ....