Make your money go further for just 25p per day

Plastics Capital (LON:PLA) – not as bad as feared; debt marginally higher but cash flow solid

29/04/2009 · Plastics Capital (IPO) 

The AIM quoted niche plastics products group issued a ‘mixed’ trading update for the year ending 31st March 2009.

Full year turnover is now anticipated to be not less than £28 million (that’s ahead of initial broker estimates) with underlying profit before tax for the year to 31 March 2009 to be ‘not less than’ £2 million, after a £1m charge for hedging costs in the year due to sterling depreciation against the dollar. The last sponsored research not from 7th April estimated pre-tax of £2.68m and eps of 10p – I assume they…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Plastics Capital

Wealth warning: beware the smoke and mirrors of adjustments!

05/12/2016 · Company Insights
Public companies delight in focusing on ‘adjusted’ numbers, which often hide a multitude of sins. The…

Plastics Capital (AIM: PLA) – results broadly in line but loads of adjustments!

07/12/2015 · Company Insights
The niche plastics products manufacturer, announced interim results broadly in line with management expectations, although it…

More Company Insights

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Challenging outlooks | Reassuringly boring | Hidden value

Stonking Small Cap reports cracking results

06/11/2024 · dotDigital

Sign-up to our free email updates

SIGN UP