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Trading statements

Carclo on track after strong second half

11 April 2017 07:41

Carclo has confirmed following the anticipated strong second half performance, the group delivered good growth for the year ended 31 March with trading in line with the board's expectations.

The group said Technical Plastics delivered another year of growth and operating margin improvement, with margins expected to be at or close to the stated 10% target.

It said the LED division's Wipac business continued to win new lighting programmes and it had been awarded a second mid-volume project, on a vehicle for the hybrid market.

Story provided by StockMarketWire.com

Related Company: CAR

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