Plastics Capital (LON:PLA) has reported first half (H1) results to September 2018 showing revenue growth of +11.4%, underlying earnings (EBITDA) growth of +42.8%, and adjusted earnings per share (EPS) growth of +67.9%. These results reinforce our confidence in our full-year (FY) March...
Plastics Capital is a specialist plastics products manufacturer focused on proprietary products for niche markets. The Group has six factories in the UK, two in China, one in Thailand and sales offices in the USA, Japan, India and China. Plastics Capital was established and incorporated in December 2002. Since then the company has grown mainly through acquisitions and was listed on the AIM market in London in December 2007.
Currently approximately 40 per cent of sales are exported to over 80 countries worldwide and production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness. The Group has approximately 500 employees within the six key operating subsidiaries: BNL in Knaresborough (North Yorkshire), C&T Matrix in Wellingborough (Northamptonshire), Palagan in Dunstable (Bedfordshire), Flexipol in Haslingden (Lancashire), Bell Plastics in Poole (Dorset) and Synpac in Hessle (Yorkshire).