Business
Maiden Interim Results
Maiden Interim Results.
About this update from Synergia Energy Ltd
[{"type":"text","content":"\n Plastics Capital PLC\n13 December 2007\n\n\nFor Immediate Release 13 December 2007\n\n\n Plastics Capital Plc\n\n\n Maiden Interim Results for six months ended 30 September 2007\n\n\nPlastics Capital Plc (AIM: PLA; Plastics Capital or the 'Company') the\nconsolidator of plastics products manufacturers focused on proprietary products\nfor niche markets, today announces its maiden interim results for the six months\nended 30 September 2007.\n\n\nPlastics Capital, which floated on AIM on 3 December 2007, was incorporated on 2\nOctober 2007 by Plastics Capital Trading Limited as a vehicle to float on AIM\nand to acquire in a share for share exchange on 6 December 2007, Plastics\nCapital Trading Limited and its subsidiary undertakings in the UK, Japan and the\nUnited States.\n\n\nThe interim financial information presented represents the consolidated results\nand financial position of Plastics Capital Trading Limited and subsidiaries\n('Trading group') for the six month period to 30 September 2007. The financial\ninformation has been prepared using International Financial Reporting Standards\nas adopted by the EU ('IFRS').\n\n\nFinancial highlights\n\n+-----------------------------+------------------+----------------+---------+\n| | Six months| Six months| |\n| | | | |\n| |ended 30 September| ended 30| |\n| | 2007| September 2006| |\n| | | | %|\n| | £000| £000| Increase|\n+-----------------------------+------------------+----------------+---------+\n|Revenue | 10,149| 8,222| +23|\n+-----------------------------+------------------+----------------+---------+\n|Gross Profit | 4,094| 3,520| +16|\n+-----------------------------+------------------+----------------+---------+\n|EBITDA excluding exceptionals| 1,390| 1,242| +12|\n+-----------------------------+------------------+----------------+---------+\n|Profit before tax* | 629| 560| +12|\n+-----------------------------+------------------+----------------+---------+\n|Profit after tax* | 616| 370| +66|\n+-----------------------------+------------------+----------------+---------+\n|Adjusted EPS.* | £0.59| £0.35| +69|\n+-----------------------------+------------------+----------------+---------+\n\n*excluding amortisation and exceptionals\n\n(a reconciliation of the financial highlights table above to the consolidated\nincome statement is shown in note 3)\n\n\nOperational highligh...