Pre Close Trading Statement

30 September 2015

RPC Group Plc

Pre Close Trading Statement

RPC Group Plc ("RPC" or "Group"), the international plastic products design and engineering company, today issues a pre close trading statement for the period 1 April 2015 to 30 September 2015 ("first half" or "period"), ahead of its first half results announcement due to be published on 25 November 2015.

Trading performance

Revenues in the first half are projected to be significantly ahead of the same period last year, benefiting from the contribution of acquisitions and continued organic growth. Overall trading is expected to be in line with management's expectations taking into account the adverse impact of the time lag in passing through higher polymer prices and the foreign exchange translation headwind. Polymer prices reached an all-time high in July (which will be reflected in selling prices of the Group's products) but have reduced thereafter.

The integration of Promens is progressing well, with the realisation of the previously announced cost synergies of €30m per annum coming in ahead of schedule. Further synergies are currently being assessed.

The Group's financial position remains robust, with good cash flow development in the first half and it has significant headroom under its debt facilities.

Commenting on the first half performance, Pim Vervaat, RPC's Chief Executive, said:

"Our first half performance has been encouraging and further trading improvements are anticipated in the second half as polymer prices ease and additional Promens synergies are realised. The Vision 2020 strategy continues to generate further opportunities for growth."

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