18 August 2020 - interim results

The packaging group has announced impressive interim results for the six month period to 30 June with revenues up 5% to £17.9m with profit before tax increasing to £1.1m from £0.3m in 2019.  The results benefited from an increase in gross margins helped by a decline in resin prices and increased efficiency in operations.  Earnings per share for the period rose to 5.1p from 1.3p in 2019.  The group's manufacturing sites have all continued to trade safely throughout the period and 6 new production lines were introduced to increase . . .

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