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Synnovia PLC

Plastics Capital seeing the results of its pivot towards growth-oriented strategy

Capital Network analyst Ed Stacey discusses Plastics Capital Plc's (LON:PLA) first half results to September 2018.

Revenue rose 11.4% to £40.63mln from £36.46mln while underlying earnings (EBITDA) rose 42.8% to £3.67mln from £2.57mln.

Stacey says the results reinforce his confidence in his full-year (FY) March 2019 forecasts, including an EPS growth forecast of 25.3%.

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Plastics Capital 'at an exciting stage' with growth plan now delivering results

Capital Network analyst Ed Stacey talks through Plastics Capital Plc’s (LON:PLA) results for the year to the end of March 2018. ''The most important headline metric, in our view, is the organic (like-for-like) revenue growth of 13.0%, which reflects a strategy shift undertaken last year...

on 4/7/18

2 min read