James Cropper (GB:CRPR) has released an update.
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James Cropper PLC has reported a positive start to the financial year, with improvement in revenue and profitability in both their Advanced Materials and Paper & Packaging divisions, despite last year’s stronger performance in Advanced Materials. The company is experiencing a strong demand for its hydrogen electrolyser business and has secured new contracts in Paper & Packaging, indicating a recovery from last year’s market challenges. The Board is confident in the mid-term prospects and maintains its full-year expectations.
For further insights into GB:CRPR stock, check out TipRanks’ Stock Analysis page.
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