API Group back in positive territory as profits rise on stable revenue

Specialist foils and packaging materials maker API Group has posted a 29 per cent increase in pre-tax profit (PTP), driven by operating profits in the six months ended Sptember 30th.

Specialist foils and packaging materials maker API Group has posted a 29 per cent increase in pre-tax profit (PTP), driven by operating profits in the six months ended Sptember 30th.

PTP totalled £3.7m (2011: £2.9m), while operating profits came in at £4.6m (2011: £3.8m).

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