Source - SMW
Plastics Capital confirms that it continues to trade in line with market expectations.

"Trading during the six-month period since 31 March 2016 shows improvement on the prior year, primarily due to organic sales growth in the Industrial Division, and the initial contribution from Synpac in the Films Division, which was acquired in July 2016," the company said.

Chairman Faisal Rahmatallah said:

"Organic sales growth is now being achieved broadly across the Group, and is being enhanced by selective acquisitions.  

"Our largest Division, Films, is trading well and moving into its busy period and we are adding capacity to progress further in this area.  

"Our Industrial Division continues to improve also as the pipeline of recently won business achieves production ramp-up.  We continue to invest for further growth across the business and anticipate a year of good progress."