17 August 2020 - refinancing and trading update

The plastics and engineering group has issued a re-assuring update on trading and its financial position.  Followers of the company will know that it has endured very difficult times over the last two or three years and its share price has fallen from almost 180p three years ago.  The period has seen changes in management and strategy with the exit from the troublesome Wipac automotive lighting business finally being concluded last December.

The company has now announced that group revenues from the remaining businesses, which encompass Technical Plastics and Aerospace, were down . . .

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