Jul 04th 2012 - Edison Investment Research today published a report on British Polythene Industries (BPI.L, LSE:BPI, LON:BPI) entitled "Conditions Unchanged". In summary, the report says:
While overall volumes are still subdued, an improving revenue mix coupled with one quarter’s decline in polymer prices is enabling BPI to hold year-on-year profitability at similar levels to last year in H1. With the same combination in place for H2, our estimates remain unchanged. While market headwinds exist, BPI continues to make underlying progress that will stand it in good stead when the cycle turns.
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