Business
Final Results - Replacement
Final Results - Replacement.
About this update from Synergia Energy Ltd
[{"type":"text","content":"\n \nRNS Number : 1525D Plastics Capital PLC 04 July 2016 \n\n \nThe following amendment has been made to the Final Results announcement released on 4 July 2016 at 0700hrs under RNS No.0674D. The statement \"This announcement contains inside information\" is now included.\n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \n \n \nThis announcement contains inside information\n \nPlastics Capital plc\n(\"Plastics Capital\", the \"Company\" or the \"Group\")\n \nPreliminary Results for the year ended 31 March 2016\n \nPlastics Capital plc (AIM: PLA), the niche plastics products manufacturer, announces its preliminary audited results for the year ended 31 March 2016, which are in line with consensus market expectations.\n \nFinancial highlights\n\n\n\n\n \n\n\nYear ended\n31 March \n2016\n£000\n\n\nYear ended\n31 March 2015\n£000\n\n\n \n \n%\nChange\n\n\n\n\nRevenue\n\n\n50,802\n\n\n39,576\n\n\n28.4%\n\n\n\n\nEBITDA*\n\n\n5,886\n\n\n5,257\n\n\n12.0%\n\n\n\n\nProfit before tax*\n\n\n4,061\n\n\n3,673\n\n\n10.6%\n\n\n\n\nEPS (p)*+\n\n\n10.8\n\n\n10.8\n\n\n0.0%\n\n\n\n\nDPS (p)\n\n\n4.4\n\n\n4.0\n\n\n10.0%\n\n\n\n\nOperating cash flow*\n\n\n2,237\n\n\n3,572\n\n\n-37.3%\n\n\n \n\n\n\n\n* excluding amortisation, exceptional costs, unrealised foreign exchange translation and derivative gains / losses, and share-based incentive scheme charges (see Notes 4&5).\n+ applying an underlying tax charge of 6% and based on the weighted average number of shares in issue in the year.\n \n· Banking facilities increased and extended post period-end\n· Proposed Scrip dividend being offered as alternative to cash dividend of 2.94p\n \nOperational highlights\n· Strong revenue and profit before tax growth driven by acquisitions;\n· Proforma organic revenue growth of 3.1% achieved in challenging markets;\n· Excellent full year contribution from recently acquired Flexipol in the Films Division;\n· Good year for new business wins in the Industrial Division;\n· Healthy pipeline of new business won still to go into production;\n· Increasing inves...