Eurocell plc Provides Earnings Guidance for the Second Half and Full Year Ended December 31, 2015
January 21, 2016 at 02:00 am EST
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Eurocell plc provided earnings guidance for the second half and full year ended December 31, 2015. For the second half, the company has continued to trade well with revenue for the second half expected to be £93.2 million, an increase of 3.6% on the previous year of £90.0 million for the same period a year ago. In addition to this the Company continues to improve gross margin through improvement in operating efficiencies and the further use of post-consumer recycling.
For the full year, the company expects revenues for the full year of £175.8 million, an increase of 1.6% against of £173.1 million in 2014. The company expects profits to be within market expectations for the full year, with net debt of £26 million at December 31, 2015.
Eurocell PLC is a United Kingdom-based vertically integrated manufacturer, distributor and recycler of window, door, and roofline polyvinyl chloride (PVC) products. Its segments include Profiles, Building Plastics and Corporate. The Profiles segment is engaged in the extrusion and sale of PVC window and building products to the new and replacement window market across the United Kingdom. This segment includes Vista Panels, S&S Plastics and Eurocell Recycle North. The Building Plastics segment is engaged in the sale of building plastic materials across the United Kingdom. This segment includes Kent Building Plastics and Trimseal. Its products include fascias and soffits, decking, fencing and balustrade, external cladding, internal cladding, guttering and drainage, roofing, silicones, adhesives and cleaners, flooring and skirting, tools, fixings and accessories, tool storage, garden and outdoor, doors, windows, security hardware and ironmongery, conservatories, profile systems, and more.
EUROCELL PLC 
