Plastics Capital – 96.5p

11 April 2013 – trading update

The company has announced that it expects performance for the full year to 31 March 2013, including revenue, profit margins and cash flow, to be broadly in line with market expectations.  The continued weakness in Western Europe has been counteracted by sales growth through new business gains in North America and Asia.  The recent weakness of Sterling has also been beneficial.  We rate the shares as a BUY.

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