RPC sees improved activity in challenging environment

- Last updated on GMT

Related tags: Value added

RPC reports trading increase
RPC Group has said adjusted operating profit before exceptional items is slightly ahead of expectations, in their trading performance update.

RPC said it has reached agreements to sell two redundant properties, closed its Antwerp, Belgium site and transferred business from Beuningen (The Netherlands) to optimise business.

Trading from 1 April to 30 June 2013 was ahead of last year, resulting in adjusted operating profit (before exceptional items) being slightly ahead of management expectations.

The firm said they have seen higher activity levels and sales mix continued to increase towards higher value added products.

Pim Vervaat, RPC’s chief executive, said: “The group continues to seek higher added value growth both within and outside Europe and, with its strong market positions and leading technological capabilities, remains confident in its ability to deliver further progress in the current financial year.”

Related topics: Processing & Packaging

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