Synnovia PLC

A year of 'excellent' growth for Plastics Capital - Chairman Faisal Rahmatallah

Faisal Rahmatallah, chairman of Plastics Capital Plc (LON:PLA) talks through the firm's results for the year to the end of March 2017.

''We made a couple of acquisitions during the course of the year which have contributed'', Rahmatallah says.

''Four of our existing businesses have had record years in terms of organic growth and profitability, so we're delighted with that''.

''We've had a bit of an impact from foreign exchange as well so that's helped a little bit ... and we've used a lot of our cash flow to reinvest back in the business'.

Quick facts: Synnovia PLC

Price: £0.89

Market: LSE
Market Cap: £34.65 m

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Synnovia PLC reports year of record sales and earnings

Synnovia PLC's (LON:SYN) chairman Faisal Rahmatallah tells Proactive London's Andrew Scott they saw record sales growth in the year to March 2019. He adds that adjusted profits were just above flat as the plastic components and film packaging specialist invested for growth. Revenue...

on 9/7/19

2 min read