Plastics Capital seeing the results of its pivot towards growth-oriented strategy

Capital Network analyst Ed Stacey discusses Plastics Capital Plc's (LON:PLA) first half results to September 2018. Revenue rose 11.4% to £40.63mln from £36.46mln while underlying earnings (EBITDA) rose 42.8% to £3.67mln from £2.57mln. Stacey says the results reinforce his confidence in his full-year (FY) March 2019 forecasts, including an EPS growth forecast of 25.3%.