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Broker snap: Solid year for British Polythene, says Investec

Tue, 20th Dec 2011 12:21

Investec has maintained its buy recommendation on British Polythene Industries (BPI) after the manufacturing firm revealed this morning that full-year results would come in at the top end of expectations.The broker notes that trading has remained consistent with that described in the group's November trading update. "The group has benefited from structural changes effected in the UK in recent years and a strong European performance," said analyst John Lawson.Investec predicts that BPI can generate around £18.5m in full-year pre-tax profits, a 17% rise on last year's £15.8m.A 400p target price is kept.Shares were trading 1.09% higher at 323.5p by 12:20 on Tuesday.BC
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22 Mar 2016 15:49

Director dealing: British Polythene CEO bags some cash

(ShareCast News) - The chief executive of British Polythene Industries has sold £0.35m-worth of shares in the plastic bag maker. John Langlands and his wife sold 49,532 shares mostly at a price of 710p, reaping £351,719. As a result, Langland, who has been at the company for more than 20 years and

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16 Mar 2016 15:26

Director dealings: Dairy Farm boss adds to stake

(ShareCast News) - Graham Allan, chief executive of pan-Asian retailer Dairy Farm International, has popped into the market to buy a few more shares, after buying a chunk last week. The Australian spent another US$78,000, buying 13,100 shares at $5.92, having bought 40,000 on Friday at $5.955. Shar

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16 Mar 2016 11:47

DIRECTOR DEALINGS: British Polythene Company Secretary Sells Shares

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7 Mar 2016 17:47

DIRECTOR DEALINGS: British Polythene Chairman's Wife Sells Shares

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3 Mar 2016 16:26

Dividends Calendar - Week Ahead

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29 Feb 2016 08:31

British Polythene Margin Expansion Pushes Profit Up Despite Challenges

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22 Feb 2016 16:04

Earnings, Trading Statements Calendar - Week Ahead

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27 Jan 2016 09:03

British Polythene Sells Chinese Unit To Australia's Amcor

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21 Dec 2015 11:21

British Polythene Industries Confident It Is On Track For Expectations

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11 Nov 2015 10:05

British Polythene Confident For Year But May Cut Up To 90 Jobs

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6 Nov 2015 16:21

Dividends Calendar - Week Ahead

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8 Oct 2015 15:05

Dividends Calendar - Week Ahead

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4 Sep 2015 16:22

DIRECTOR DEALINGS SUMMARY: 2nd PureTech Non-Executive Buys Shares

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4 Sep 2015 10:12

DIRECTOR DEALINGS: British Polythene Manager Sells 25,000 Shares

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28 Aug 2015 08:07

British Polythene Defies Volatile Markets To Post Higher Profit

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