RPC hit by restructuring and impairment costs

Rigid plastic packaging supplier RPC Group saw net profit halve in the first half as it was hit by restructuring costs and impairment losses, as it launched its 'Fitter for the Future' business optimisation programme to ensure cost efficiency.

Rigid plastic packaging supplier RPC Group saw net profit halve in the first half as it was hit by restructuring costs and impairment losses, as it launched its 'Fitter for the Future' business optimisation programme to ensure cost efficiency.

Net profit for the six months to September 30th totalled £13.9m, down from £26.3m in the same period the year before, after incurring £18.5m of restructuring costs, impairment losses and other exceptional losses (which were £4.1m last year).

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