8 June 2022 - trading update

Regular readers will be aware that the AIM-listed packaging group has recently announced its latest acquisition and it has followed this up with a trading update today which is more positive news.  The company has confirmed that group revenues for the year to 30 April are expected to be at least £14.4m, an increase of 35% over the £10.7m reported a year earlier.  As a result pre-tax profits are therefore expected to be significantly above market expectations.  Cash and cash equivalents at the year end were £7.4m although the two . . .

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