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British Polythene Industries (LON:BPI) - Investment driving performance

Thursday, Mar 07 2013 by

Mar 07th 2013 - Edison Investment Research today published a report on British Polythene Industries (BPI.L, LSE:BPI, LON:BPI) entitled "Investment Driving Performance". In summary, the report says:

British Polythene Industries (BPI) delivered a good, well-rounded FY12 performance with most headline metrics ahead of our expected levels. A strong UK performance and cash management in particular caught the eye. Moreover, flagged ongoing investment intentions across the group indicate that additional market opportunities are being sought. BPI’s share price has performed well and post-results upgrades support this. The rating has expanded a little, but does not yet reflect the more growth-oriented outlook comments.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »