Scapa doubles its profits
Technical tapes manufacturer Scapa Group has doubled its profits last year and the listed business says it is confident of making further progress in the current financial year.
Pre-tax profit more than doubled to £31.8m for the year to the end of March (2016: £9.8m), helped by a significant reduction in exceptional item costs to £1m from £6.6m a year earlier. That’s on revenue growth of 13% to £279.6m (2016: £246.7m).
The Ashton-under-Lyne company’s Healthcare division saw revenue increase 17% to £108.7m, while the I... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
