Updates

Scapa - N+1 Singer upgrades forecasts

July 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares surged after Scapa announced results slightly ahead of expectations, while management are mulling a Premium listing, which could drive them higher still. Sales, pretax profit and eps rose 8%, 16.7% and 31% to £226m, £11.2m and 7.2p respectively, the latter boosted by a lower tax rate. Encouragingly, net cash rose from £2.2m to £5.4m. Within Healthcare, which supplies medical tapes, such as disposable adhesive pads for medical devices that attach to patients and advanced woundcare products, sales rose almost 21% to £69.2m and profits increased 21% to £10.2m. The US$14bn advanced woundcare market is growing at a rate of 7% each year on the back of an ageing population and rise in Type 2 diabetes and Scapa has won several ...

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Scapa - Industrial and medical tapes business forecast to grow eps 46% by 2017 (January 2015)

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Scapa - New 5.1p eps forecast for 2014 (July 2012)

Scapa - Self-help measures drive another upgrade to forecasts (May 2012)

Scapa - Industrial tape firm expanding into higher margin medical markets (March 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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