Sep 06th 2012 - Edison Investment Research today published a report on British Polythene Industries (BPI.L, LSE:BPI, LON:BPI) entitled "Profits Maintained". In summary, the report says:
Sustaining profitability despite lower volumes represents a good performance in challenging market conditions. Management focus on investment and operational performance has underpinned this result and should stand the business in good stead for the future. This tangible underlying business progress puts BPI in a good position to accommodate rising volumes, a key driver of future earnings and share price performance.
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 »