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23 Oct 2018 | 13:43

Coral Products sees 'much improved performance' in first half

Specialist plastics manufacturer Coral Products said it had posted a 'very much improved' performance in the first five months of its financial year.

Sales, gross margin, Ebitda and pre-tax profit were already materially ahead of the full six month period to 31 October 2017, chairman Joe Grimmond said in speech notes for the company's annual general meeting.

'With October well advanced we expect a much-improved performance overall for the six months to 31 October 2018,' Grimmond said.

'We remain confident of further progress in the coming year.'

At 1:43pm: (LON:CRU) Coral Products PLC share price was +0.5p at 10.25p

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