Trading Statement

27 March 2014

RPC Group

Pre close trading statement

RPC Group, Europe's leading supplier of rigid plastic packaging, today issues its pre close trading statement for the financial year ending 31March 2014 ahead of its full year results due to be published on 4 June.

Trading performance

Revenue in the fourth quarter is anticipated to be ahead of the corresponding period last year due to the inclusion of the recently acquired businesses and better underlying activity levels. The Group's overall trading performance for the full year 2013/14 is anticipated to be in line with management expectations.

RPC's financial position remains robust with satisfactory cash flow development in the fourth quarter and significant headroom under the Group's debt facilities.

Other Developments

The integration of the M&H Plastics and Helioplast businesses, which were acquired in December 2013, has been completed with the synergy potential verified and slightly ahead of expectations. The "Fitter for the Future" programme is progressing well with production having ceased at the Troyes plant in France and the consolidation of the Swedish plants proceeding to plan.

Pim Vervaat, RPC's Chief Executive said:

"The performance for the year is anticipated to be in line with our expectations. I am pleased with the progress we have made towards the strategic goals set out in our Vision 2020 focused growth strategy and I am confident that further progress will be made going forward against the backdrop of more encouraging macro-economic conditions."

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