The plastics packaging giant said that revenues for 2015/16 were “significantly ahead” of last year benefiting from organic growth and the contribution from acquisitions. Adjusted operating profit is also set to be “significantly higher” than last year and in-line with management expectations.
RPC’s Vision 2020 strategy was also making “good progress” with improved growth through its latest acquisitions. The company has now completed the deal to buy closure specialist Global Closure Systems (GCS) and preparations for its integration into RPC are “well advanced”.
RPC has also completed the acquisition of JP Plast. It has two locations in the Czech Republic and Slovakia.
Pim Vervaat, RPC’s Chief Executive, said: “I am pleased with the group’s performance during the year and the continued implementation of the Vision 2020 growth strategy. I am looking forward to further growth in 2016/17 with GCS adding high added value product ranges to the group’s overall product offering and further extending our global reach.
“We are pleased to have completed the acquisition of GCS Group and look forward to welcoming our new colleagues into the RPC Group. The combination of RPC and GCS Group will further strengthen RPC’s European platform in rigid plastic packaging with an extensive range of highly complementary closures and dispensing solutions. We believe our enhanced scale will enable us to deliver further value for our customers and shareholders.”
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