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Don't have an account? Click here to register.British Polythene 'comfortably ahead' of expectations
Fri, 28th Jun 2013 08:08
Plastics manufacturer British Polythene Industries now expects to report a strong set of first-half results thanks to strong agricultural demand and lower raw material costs.The maker of plastics for agricultural, manufacturing, waste management and construction industries said it expected results would be "comfortably ahead" of the comparative period in 2012 and left it confident of beating full-year expectations.BPI's raw material input costs eased in April and May, and while it reported that it was currently seeing cost increases in June, management argued that "it seems unlikely that overall market demand will support this reversal".Despite lower volumes and continued down-gauging seen in some of its markets and a slow start to the year resulting from the unseasonally cold spring weather, the overall results were held up by agricultural films markets proved resilient enough to compensating for the other shortfalls. Consequently, management said it currently anticipated interim results would show similar overall volumes to the first half of 2012.2012's interim results showed sales down 7.0% to £273.1m reflecting volumes down 5.0%.OH
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26 Aug 2014 15:14
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2 Jul 2014 08:11
British Polythene sees improved H1 despite American losses
British Polythene Industries forecast first half results ahead of last year's despite losses in North America. BPI said the upbeat performance would come in the face of a loss in the group's North American operation, which took a hit from a delay in delivery and installation of a replacement extrus
Read more15 May 2014 15:57
Wife of Beazley CEO sells 200,000 shares
The wife of David Horton, the Chief Executive Officer of Beazley, has sold 200,000 shares in the global specialist risk insurance and reinsurance business, thereby reducing his interest to 1.58m shares. Sophie Horton sold the shares at 244.50p a piece, giving the deal a trade value of £489,000.
Read more15 May 2014 11:38
DIRECTOR DEALINGS: British Polythene Divisional Manager Sells Shares
LONDON (Alliance News) - British Polythene Industries PLC Thursday said Andrew Green, a divisional manager, sold 20,235 shares at a price of 665 pence per share Wednesday. Following this transaction, Green holds 63,653 shares in total. Shares in the packaging manufacturer were up 0.8%
Read more15 May 2014 10:33
DIRECTOR DEALINGS: British Polythene Non-Executive Buys Shares
LONDON (Alliance News) - British Polythene Industries PLC Thursday said Non-Executive Director Ronald Marsh bought 35,000 shares at a price of 669.15 pence per share, which represents his only holding in the company. Shares in the packaging maker were up 0.7% at 671.62 pence Thursday mornin
Read more13 May 2014 15:30
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13 May 2014 05:11 UK Dividends Calendar - Week Ahead
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