We’re a niche plastics business manufacturing specialist plastic products operating in growing and globalising markets.

Five Year Summary

13/14 £’000 14/15 £’000 15/16 £’000 16/17 £’000 17/18 £’000
Revenue 32,456 39,576 50,803 65,785 76,726
Gross profit 11,693 13,980 16,871 21,129 24,088
Operating profit 1,539 1,511 1,858 3,303 3,369
Add back: Depreciation 931 1,211 1,448 1,720 2,119
Add back: Amortisation 1,118 1,405 1,819 805 1,118
Add back:  LTIP charge 401 165 94
Add back: Exceptional costs 1,306 1,130 360 907 1,452
Less: Foreign exchange non-cash gain (1,120)
Underlying EBITDA* 4,894 5,257 5,886 6,900 7,032
Depreciation 931 1,211 1,448 1,720 2,119
Interest 376 374 377 725 780
Non-controlling interest 107 (52)
Underlying profit before tax* 3,587 3,672 4,061 4,348 4,185
Tax charge 469 202 245 284 525
Underlying profit after tax* 3,118 3,470 3,816 4,064 3,660
* excluding amortisation, exceptional costs, unrealised foreign exchange translation, derivative gains / losses and LTIP charges
Overseas sales as a percentage of total sales 58% 48% 45% 52% 55%
EBITDA margin* 15.1% 13.3% 11.6% 10.5% 9.2%
Net margin* 9.6% 8.8% 7.5% 6.2% 4.8%
Earnings per share
Basic 3.2p (0.8)p 3.5p 1.5p 5.7p
Underlying 11.1p 10.8p 10.8p 11.5p 9.5p
Non current assets 25,759 33,073 30,926 37,433 39,433
Net current assets excluding cash, loans & borrowings 4,848 5,808 7,025 7,478 8,186
Net debt -7,170 -11,400 -10,852 -16,322 -15,125
Other non current liabilities -350 -1,132 -776 -2,459 -1,355
Total shareholders’ funds 23,087 26,349 26,323 26,130 31,139
Capital expenditure as a percentage of sales 5.8% 2.5% 4.5% 5.3% 4.8%
Average number of employees in year 312 403 475 568 592