RPC Group boosted by Superfos
RPC Group has reported revenues for the third quarter were "significantly" ahead of last year as a result of its purchase of Danish business Superfos.
The improvement in the sales mix towards higher added-value products such as pharmaceutical devices and coffee capsules continued, the Northampton-based supplier of rigid plastic packaging said.
Operating profit, before exceptional items, and adjusted pre-tax profit to 31 December was also ahead of last year because of the swoop for Superfos.
Chief executive Ron Marsh said: "The group's overall performance for the period was in line with our expectations. During the period the integration of the Superfos business has been largely completed with the realisation of the synergies well on track.
"Looking forward, I am confident that growth in higher added value products will continue and that RPC is on track to deliver further progress despite the current macro-economic uncertainties."
The integration of Superfos continued to progress well with senior management retained, the group added.
The closure of the Runcorn site and the transfer of business to other RPC sites is on course with completion expected by the end of June 2012.
The group expects to realise £9m of synergies in the financial year 2011/12 and steady state synergies in the range of £15m to £25m.
RPC reported in November that turnover for the six months to 30 September 2011 doubled to £586.7m, with pre-tax profit up to £35.1m from £18m.
RPC Group boosted by Superfos
RPC Group has reported revenues for the third quarter were "significantly" ahead of last year as a result of its purchase of Danish business Superfos.
The improvement in the sales mix towards higher added-value products such as pharmaceutical devices and coffee capsules continued, the Northampton-based supplier of rigid plastic packaging said.
Operating profit, before exceptional items, and adjusted pre-tax profit to 31 December was also ahead of last year because of the swoop for Superfos.
Chief executive Ron Marsh said: "The group's overall performance for the period was in line with our expectations. During the period the integration of the Superfos business has been largely completed with the realisation of the synergies well on track.
"Looking forward, I am confident that growth in higher added value products will continue and that RPC is on track to deliver further progress despite the current macro-economic uncertainties."
The integration of Superfos continued to progress well with senior management retained,
RPC Group boosted by Superfos
RPC Group has reported revenues for the third quarter were "significantly" ahead of last year as a result of its purchase of Danish business Superfos.
The improvement in the sales mix towards higher added-value products such as pharmaceutical devices and coffee capsules continued, the Northampton-based supplier of rigid plastic packaging said.
Operating profit, before exceptional items, and adjusted pre-tax profit to 31 December was also ahead of last year because of the swoop for Superfos.
Chief executive Ron Marsh said: "The group's overall performance for the period was in line with our expectations. During the period the integration of the Superfos business has been largely completed with the realisation of the synergies well on track.
"Looking forward, I am confident that growth in higher added value products will continue and that RPC is on track to deliver further progress despite the current macro-economic uncertainties."
The integration of Superfos continued to progress well with senior management retained, the group added.
The closure of the Runcorn site and the transfer of business to other RPC sites is on course with completion expected by the end of June 2012.
The group expecyts to realise £9m of synergies in the financial year 2011/12 and steady state synergies in the range of £15m to £25m.
RPC reported in November that turnover for the six months to 30 September 2011 doubled to £586.7m, with pre-tax profit up to £35.1m from £18m.
the group added.
The closure of the Runcorn site and the transfer of business to other RPC sites is on course with completion expected by the end of June 2012.
The group expecyts to realise £9m of synergies in the financial year 2011/12 and steady state synergies in the range of £15m to £25m.
RPC reported in November that turnover for the six months to 30 September 2011 doubled to £586.7m, with pre-tax profit up to £35.1m from £18m.
