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Synnovia PLC

Plastics Capital PLC mulls name change as sales and profitability improve

Faisal Rahmatallah, chairman of Plastics Capital Plc (LON:PLA), spoke to Proactive's Andrew Scott to discuss the group's trading update.

Sales have continued to grow at double-digit percentage rates compared to last year and profitability has improved as the revenue mix shifted towards the higher margin Industrial Division.

Rahmatallah adds that they're now enjoying a tailwind from currency fluctuations.

Quick facts: Synnovia PLC

Price: £1.24

Market: LSE
Market Cap: £48.16 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

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Director/PDMR Shareholding

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Form 8.3 - Synnovia PLC

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Form 8.5 (EPT/NON-RI)

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