Plastics Capital plc reported audited consolidated earnings results for the year ended March 31, 2018. For the year, the company reported revenue of £76,726,000 against £65,785,000 a year ago. Operating profit was £3,369,000 against £3,303,000 a year ago. Profit before tax was £2,762,000 against £766,000 a year ago. Profit for the year attributable to equity holders of the parent was £2,170,000 against £432,000 a year ago. Diluted earnings per share attributable to equity shareholders of the company was 5.6 pence against 1.5 pence a year ago. Net cash inflow from operating activities was £3,148,000 against £5,040,000 a year ago. Acquisition of property, plant and equipment was £3,705,000 against £3,499,000 a year ago. Development expenditure capitalised was £496,000 against £539,000 a year ago. Adjusted EBITDA was £7,032,000 against £6,900,000 a year ago. Adjusted profit before tax was £4,185,000 against £4,348,000 a year ago. Adjusted EPS was 9.5 pence against 11.5 pence a year ago. Sales have increased 16.6% overall, of which: 3.4% was due to acquisitions completed part of the way through the prior year, 0.2% was due to exchange rate fluctuation, and 13.0% was due to organic revenue growth. Group EBITDA only increased by 1.9% during the year as strong performance in the Films Division was negated by weak performance in the company's bearings business, which dragged down the Industrial Division. Adjusted profit after tax was £3,660,000 against £4,121,000 a year ago. Capital expenditure was £3,705,000 against £3,499,000 a year ago. Net debt was £15,125,000 against £16,322,000 a year ago.

The company reported that the company continues to be highly profitable and cash generative as a group and that the company is now on a growth track.  The company look forward to another year of good progress in the fiscal year 2019.