Plastics Capital – 78p

29 January 2013 – trading update

The group has issued a positive trading update covering Q3 confirming that trading is in line with expectations.  Demand in Europe remains depressed but sales are growing elsewhere as expected and the business continues to win new business as well as invest for the future with the establishment of a manufacturing facility in China being an example.  The year to 31 March 2014 should see significant progress and we continue to rate the shares as a BUY.

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