26th Aug 2015 07:03
LONDON (Alliance News) - Coral Products PLC on Wednesday said it is trading in line with market expectations so far in its current financial year.
The company, which makes injection moulded plastic products, said demand for its products remains strong and said it expects to increase capacity in order to meet this demand in the second quarter of its financial year, ending March 2016.
"The group's focus on seeking new business in growth areas continues. With strong cash flows your board remains confident for the year ahead," said Joe Grimmond, Coral's chairman.
Shares in Coral were untraded after the open on Wednesday, having last traded at 15.75 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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