19 March 2024 - final results

We last commented on this global packaging solutions group in January when we maintained our BUY recommendation at 290p.  This has been more than vindicated with the shares up by 40% since then! Part of the rise has come as a result of the announcement today of the group’s figures for 2023.  The year was a good one with revenues up by 17% at £114.2m with underlying pre-tax profit more than doubling to £7.1m.  Earnings per share on the same basis were up 97% at 26.2p and as . . .

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