‘Good growth’ for Scapa

TECHNICAL tapes manufacturer Scapa Group said it has seen “good growth” in operating profits over the past six months.

In a trading update for the six months to the end of September, the Ashton-under-Lyne-based group said operating profits, before exceptionals, were up on the same time last year.

Margins have also improved and cash-flow was described as “healthy”. Net cash at the end of the trading period was £3.9m.

Scapa said trading remains in line with management expectations for the full year. Interim results will be announced on November 26.

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