Scapa Group rises as revenues soar

By
0 mins. to read
Scapa Group rises as revenues soar
Master Investor Magazine

Master Investor Magazine 54Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

AIM-listed medical and industrial adhesives company Scapa Group (LON:SCPA) has seen its share price climb by 5.61% to 207p (as of 15:20 BST) after statutory revenues for the half year ended 30th September rose by 14.3%. Statutory profits for the period are expected to be 17% below last year, due to the loss of the ConvaTec contracts.

The healthcare division continues to drive the improvement in sales, and management said that the second half would see further uplift from new products and technology transfers.

Take part in our poll

Which investment platforms do you use?

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.