24 May 2023 - trading update
The AIM-listed plastics products group has announced a trading update covering the year to 30 April and this has revealed that revenues for the year are likely to be over £35m (2022: £14.4m) with adjusted EBITDA expected to be over £3.5m (2022: £1.8m). These figures are ahead of expectations and are impressive given the challenging trading conditions experienced in the second half. Cash and cash equivalents at the year end were around £5m. These results have benefited from the four acquisitions made in the year and the group is moving towards . . .
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