26 January 2024- trading statement

It is disappointing to have to report that the plastics products group has issued a weak trading update today disclosing that in December and January it has seen a reduction in customer orders.  As a result, the company expects revenue for the financial year to 30 April 2024 to be some 10% below last year at around £31.5m.  This will have a knock on effect on profitability for both this financial year and the next to April 2025. Although the group continues to win new business and has maintained its market share this is . . .

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