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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