27 November 2020 - interim results

We last tipped shares in penny share Carclo at 13.325p back in August. It is pleasing to see that the shares have jumped by over 18% since then although today’s interim results have seen the share price fall. Although the Technical Plastics business has proved resilient helped by demand from the medical diagnostics sector, the aerospace business continues to struggle with reduced levels of demand.  The latter is unlikely to improve much in the short-medium term and with group debt remaining at a high level, the shares may struggle to make much . . .

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