Strong demand in life sciences sector offers healthy outlook for manufacturer

High-precision plastics components provider, Carclo, says its trading performance for the year ended 31 March 2025 has exceeded management expectations.

In an update for this period, the Ossett-based business says its net debt (including leases) closed at £19.3m, representing a significant reduction of £10.2m compared to £29.5m at 31 March 2024, reinforcing the group’s financial resilience and strategic flexibility.

A spokesman for the group added: “The group is well positioned to build upon its positive trajectory, notwithstanding an increasingly complex global backdrop.

“Heightened geopolitical tensions, evolving trade dynamics, and continued volatility in raw material costs will remain key factors influencing global supply chains.

“Growth in the medium-term will focus on accelerating expansion in the Life Sciences sector, where demand for high-precision solutions continues to grow, alongside continued strong momentum in our Speciality Division, particularly across aerospace and optical applications.

“These initiatives are fully aligned with our strategic ambition to drive sustainable top-line growth and deliver enduring value for all stakeholders.”

Carclo says its full-year results for the year ended 31 March 2025 will be released in July 2025.