Plastics Capital Plc (LON: PLA) reported interim results (H1 end Sep 2017) on Wednesday 6th. These show positive progress on new business wins, reflected in the H1 organic revenue growth of 13.5%, and an increased pipeline of new business (see chart p2). At the same time the company guided to a less favourable margin mix for FY Mar 2018, with some projects delayed in the Bearings business, and more of the FY revenue to come from the lower margin Films business.
06 Dec 2017
Plastics Capital Plc - Capital Network: Reaction to the Interim Results
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Plastics Capital Plc - Capital Network: Reaction to the Interim Results
Synergia Energy Ltd (SYN:LON) | 0.1 0 6.7% | Mkt Cap: 12.8m
- Published:
06 Dec 2017 -
Author:
Ed Stacey -
Pages:
3
Plastics Capital Plc (LON: PLA) reported interim results (H1 end Sep 2017) on Wednesday 6th. These show positive progress on new business wins, reflected in the H1 organic revenue growth of 13.5%, and an increased pipeline of new business (see chart p2). At the same time the company guided to a less favourable margin mix for FY Mar 2018, with some projects delayed in the Bearings business, and more of the FY revenue to come from the lower margin Films business.