By Steve Moore | Monday 2 December 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Plastics products manufacturer for global niche markets, Plastics Capital (PLA) has announced results for the six months ended 30th September 2013 which note that “revenue growth has resumed on the back of some partial demand recovery from customers in Europe and we have continued to win new business” though that the company has also been “affected either by prior period overstocking or customer delays in the commencement of many projects affecting start of production dates”. So what is the net impact and the outlook from here?
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