Plastics Capital, the niche industrial plastic product manufacturer, reported in the January 2012 Q3 trading update that trading broadly continues in line with market expectations.
New business is helping to offset a general softening in demand and debt is falling ahead of expectations. Based on recent new business successes and assuming some improvement in the economic environment, 2012/13 is anticipated to be a year of significant progress.
The PLA share price has decreased by 1% over the last year.
Plastics Capital Plc is graded b by LCF Research. To learn more, follow the link.
Filed Under: Chemicals, Industrials, Specialty Chemicals, Plastic, Industrial Production, Manufacturer, Manufacturing,
Disclaimer:
This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.
Plastics Capital plc is a holding company. It is engaged in the manufacture of plastic products focused on products for niche markets. The Company has four factories in the United Kingdom, one in Thailand and sales offices in the United States, Japan, China and India. It operates in two segments: Packaging, which includes packaging consumables and high strength film packaging, and Industrial Products, which includes hydraulic hose consumables and plastic rotating parts. The Company's businesses include Bell Plastics Limited, BNL (UK) Limited, C&T Matrix and Palagan Limited (Palagan). Bell Plastics Limited manufactures hydraulic hose consumables and BNL (UK) Limited manufactures Plastic rotating parts. C& T Matrix manufactures packaging consumables, and Palagan manufactures high strength film packaging. The Company exports 60% of its sales to over 80 countries worldwide. more »
