New Risk • Jul 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (20% accrual ratio). Market cap is less than US$10m (€5.44m market cap, or US$6.23m). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Senior Non Executive Director Steve Barber was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 27
Coral Products plc Announces Directorate Change, Effective from November 26, 2025 Coral Products PLC announced that following completion of the AGM and as announced on 31 October 2025, Joe Grimmond, Chairman of the Company, has retired from the company's Board with effective from November 26, 2025. David Low, former Senior Independent Non-Executive Director, will assume the role of Non-Executive Chairman with effective from November 26, 2025. Aankondiging • Nov 01
Coral Products PLC, Annual General Meeting, Nov 26, 2025 Coral Products PLC, Annual General Meeting, Nov 26, 2025. Location: the offices of tatra rotalac, southmoor road, wythenshawe, manchester, m23 9ds, United Kingdom Aankondiging • Jul 10
Coral Products PLC Appoints Robert David as A Director, Effective July 10, 2025 Coral Products PLC announced that Robert David has been appointed as a Director of the Company with effective July 10, 2025. Rob brings extensive experience from previous senior management and managing director roles within the UK plastics processing industry. For the past eight months, Rob has served as a key member of Ian Hillman's senior operational management team. During this time, he has made a substantial contribution to the Company's operational and commercial improvements and is regarded as an asset to the organisation. Pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies, the following information is disclosed in respect of Robert Mark David (aged 51): Current Directorships: Beetles, Buses and Beyond Limited and RZSL Limited. Aankondiging • Jul 07
Coral Products Plc Provides Unaudited Consolidated Earnings Guidance for the Fiscal Year Ended April 30 2025 Coral Products Plc provided unaudited consolidated earnings guidance for the fiscal year ended April 30, 2025. For the year, the company expects consolidated Group sales, inclusive of inter-company trade, are expected to be no less than £30.5 million (FY24: £30.9 million). Profitability expected to be materially above market expectations for the full year and reversing the first half underperformance. Aankondiging • Dec 04
Coral Products plc Announces Group Finance Director Changes Coral Products plc announced the resignation of Sharon Tinsley, Group Finance Director, who will step down from the Board on 31st January 2025. The Board intends to appoint Paul Rice (ACCA), currently Group Financial Controller as Group Finance Director on completion of the mandatory compliance checks. Paul Rice has served as the Financial Director for the Coral Products Group Flexibles Division and Finance Director of wholly owned subsidiary Film & Foil Solutions Ltd. since 2013. Aankondiging • Nov 12
Coral Products PLC Announces Resignation of Phil Allen as Division MD - Rigids Coral Products PLC announced the resignation from the Board of Phil Allen, Division MD - Rigids, with immediate effect. The position of Division MD - Rigids will not be replaced, and Phil's duties will be overseen by Ian Hillman, Group COO. The Group is committed to resetting the cost base of the business in order to be better positioned to operate in the ongoing challenging economic conditions. Buy Or Sell Opportunity • Nov 05
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 58% to €0.056. The fair value is estimated to be €0.075, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.7% in a year. Earnings are forecast to grow by 45% in the next year. Aankondiging • Oct 14
Coral Products plc Provides Earnings Guidance for the Fiscal Year 2025 Coral Products plc provided earnings guidance for the fiscal year 2025. For the year, the company expects revenue to be in line with the prior year. The company now anticipates a year-on-year margin shortfall of up to 500 basis points and as a result Group trading for fiscal year 2025 is now expected to record a loss. Aankondiging • Oct 05
Coral Products PLC, Annual General Meeting, Oct 23, 2024 Coral Products PLC, Annual General Meeting, Oct 23, 2024. Location: the offices of tatra rotalac, southmoor road, manchester, m23 9ds, wythenshawe United Kingdom New Risk • Oct 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.74m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Market cap is less than US$10m (€8.74m market cap, or US$9.64m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Sep 17
Full year 2024 earnings released: UK£0.01 loss per share (vs UK£0.014 profit in FY 2023) Full year 2024 results: UK£0.01 loss per share (down from UK£0.014 profit in FY 2023). Revenue: UK£31.0m (down 12% from FY 2023). Net loss: UK£914.0k (down 173% from profit in FY 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 17
Now 20% undervalued Over the last 90 days, the stock has risen 43% to €0.14. The fair value is estimated to be €0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.6% in a year. Earnings are forecast to decline by 54% in the next year. New Risk • Jun 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risks High level of debt (46% net debt to equity). Latest financial reports are more than 6 months old (reported October 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (€15.3m market cap, or US$16.3m). Aankondiging • Jun 13
Coral Products plc Reinstates an Interim Fiscal Year 2024 Dividend, Payable on 23 August 2024 Coral Products PLC informed about its intention to reinstate an interim fiscal year 2024 dividend of 0.25 pence to shareholders on the register at the close of business on 26 July 2024 and to be paid on 23 August 2024. In addition, a final dividend will be proposed, the level of which will be confirmed on completion of the audited results for the year. Buy Or Sell Opportunity • May 06
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to €0.088. The fair value is estimated to be €0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.6% in a year. Earnings are forecast to decline by 54% in the next year. Buy Or Sell Opportunity • Apr 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to €0.099. The fair value is estimated to be €0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.6% in a year. Earnings are forecast to decline by 54% in the next year. Buy Or Sell Opportunity • Mar 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to €0.11. The fair value is estimated to be €0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.6% in a year. Earnings are forecast to decline by 54% in the next year. Buy Or Sell Opportunity • Jan 27
Now 42% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to €0.12. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.6% in a year. Earnings are forecast to decline by 54% in the next year. New Risk • Jan 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 21% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risks High level of debt (46% net debt to equity). Dividend is not well covered by cash flows (174% cash payout ratio). Dividend is not well covered by cash flows (174% cash payout ratio). Share price has been volatile over the past 3 months (9.7% average weekly change). Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (€17.2m market cap, or US$18.7m). Market cap is less than US$100m (€17.2m market cap, or US$18.7m). Reported Earnings • Dec 13
First half 2024 earnings released: EPS: UK£0.008 (vs UK£0.009 in 1H 2023) First half 2024 results: EPS: UK£0.008 (down from UK£0.009 in 1H 2023). Revenue: UK£17.2m (down 2.3% from 1H 2023). Net income: UK£752.0k (down 6.6% from 1H 2023). Profit margin: 4.4% (down from 4.6% in 1H 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Packaging industry in Europe. Buying Opportunity • Sep 29
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €0.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Meanwhile, the company has become profitable. Aankondiging • Sep 28
Coral Products PLC Approves Final Dividend for the Year Ended 30 April 2023, Payable on 30 November 2023 Coral Products PLC announced that at the General Meeting held on 27 September 2023 approved final dividend of 0.6 pence per ordinary share for the year ended 30 April 2023. This dividend has an ex-dividend date of 2 November 2023 and record date of 3 November 2023. This dividend will be paid on 30 November 2023. Aankondiging • Sep 09
Coral Products PLC, Annual General Meeting, Sep 27, 2023 Coral Products PLC, Annual General Meeting, Sep 27, 2023, at 11:00 Coordinated Universal Time. Location: Tatra Rotalac,Southmoor Road, Wythenshawe Mancheseter United Kingdom Agenda: To receive and adopt the audited accounts for the year ended 30 April 2023, together with the Reports of the Directors and Auditors; to re-elect Steve Barber, who retires by rotation as a Director of the Company; to re-elect David Low, who retires by rotation as a Director of the Company; to re-appoint Crowe LLP as auditors of the Company to hold office until the conclusion of the next General Meeting of the Company and that the Directors be authorized to fix their remuneration; to declare a final dividend of 0.6p per ordinary share in respect of the year ended 30 April 2023; to approve the Board Report on Directors’ Remuneration for the year ended 30 April 2023; and to discuss other matters. Aankondiging • Sep 05
Coral Products plc Proposes Final Dividend, to Be Paid on 30 November 2023 Coral Products PLC proposing a final dividend of 0.6 pence to be paid on 30 November 2023, making a full year dividend of 1.1 pence (2022: 1.1 pence) per share. Reported Earnings • Sep 04
Full year 2023 earnings released: EPS: UK£0.014 (vs UK£0.012 in FY 2022) Full year 2023 results: EPS: UK£0.014 (up from UK£0.012 in FY 2022). Revenue: UK£35.2m (up 145% from FY 2022). Net income: UK£1.26m (up 30% from FY 2022). Profit margin: 3.6% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Aankondiging • Jul 12
Coral Products PLC (AIM:CRU) commences an Equity Buyback Plan for 12,392,230 shares, representing 14.86% of its issued share capital, under the authorization approved on September 29, 2022. Coral Products plc (AIM:CRU) commences share repurchases on July 10, 2023, under the program mandated by the shareholders in the Annual General Meeting held on September 29, 2022. As per the mandate, the company is authorized to repurchase up to 12,392,230 shares, representing 14.86% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The authority shall expire at the conclusion of the next Annual General Meeting of the company in 2023. As of September 5, 2022, the company had 83,402,589 ordinary shares in issue. Buying Opportunity • Jun 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.5%. The fair value is estimated to be €0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 47% in a year. Earnings is forecast to grow by 29% in the next year. New Risk • Jun 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Market cap is less than US$100m (€17.4m market cap, or US$18.9m). Buying Opportunity • May 27
Now 21% undervalued Over the last 90 days, the stock is up 4.3%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 47% in a year. Earnings is forecast to grow by 29% in the next year. Aankondiging • May 24
Coral Products plc Provides Earnings Guidance for the Year to 30 April 2023 Coral Products plc provided earnings guidance for the year to 30 April 2023. For the period, the company expects revenue to be over £35 million (2022: £14.4 million) which is slightly ahead of market expectations. Buying Opportunity • Mar 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 54% in a year. Earnings is forecast to grow by 36% in the next year. Buying Opportunity • Jan 18
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 8.0%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 54% in a year. Earnings is forecast to grow by 36% in the next year. Reported Earnings • Dec 13
First half 2023 earnings released: EPS: UK£0.009 (vs UK£0.006 in 1H 2022) First half 2023 results: EPS: UK£0.009 (up from UK£0.006 in 1H 2022). Revenue: UK£17.6m (up 148% from 1H 2022). Net income: UK£805.0k (up 58% from 1H 2022). Profit margin: 4.6% (down from 7.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Packaging industry in Europe. Aankondiging • Dec 12
Coral Products plc Declares an Interim Dividend Six Months to 31 October 2022, Payable on 16 December 2022 The board of Coral Products plc have declared an interim dividend of 0.50 pence per share for the six months to 31 October 2022 (2021: 0.50 pence). The ex-dividend date and the record date for the interim dividend were 10 November 2022 and 11 November 2022 respectively. The interim dividend will be paid on 16 December 2022. Aankondiging • Dec 09
Coral Products plc to Report Q2, 2023 Results on Dec 12, 2022 Coral Products plc announced that they will report Q2, 2023 results on Dec 12, 2022 Aankondiging • Dec 02
Coral Products plc Appoints Ian Hillman as Executive Director Coral Products plc announced that, Ian Hillman has been appointed as an executive director of the company with immediate effect. Mr. Hillman was a director of Cadillac Plastic Limited when the company went under a Company Voluntary Agreement (CVA) with the creditors which was proposed by the directors of the company. Ian Hillman was a director of Wellesley Park Limited during which time it was dissolved via members voluntary liquidation on 28 December 2018 and he was a director of Marlee Real Estate Limited during the time it was dissolved via compulsory strike-off on 9 October 2018. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Steve Barber was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 13
Coral Products plc (AIM:CRU) acquired Ecodeck Grids Limited for £5.6 million. Coral Products plc (AIM:CRU) acquired Ecodeck Grids Limited for £5.6 million on October 12, 2022. The consideration is paid £3.35 million in cash, the issue of 6.25 million ordinary shares in the Company at a price of 16p per ordinary share for £1 and earnout up to £1.25 million based on financial performance of a company. Stephen Keys and Charlie Combe of Cenkos LLP acted as financial advisor to Coral Products plc.Coral Products plc (AIM:CRU) completed the acquisition of Ecodeck Grids Limited on October 12, 2022 Aankondiging • Sep 29
Coral Products plc Declares an Interim Dividend, Payable on 16 December 2022 The Board of Coral Products plc has declared an interim dividend of 0.5 pence per share with an ex-dividend date of 10 November 2022 and record date of 11 November 2022. This interim dividend will be paid on 16 December 2022. Aankondiging • Sep 20
Coral Products plc (AIM:CRU) acquired Manplas Holdings Limited for £0.3 million. Coral Products plc (AIM:CRU) acquired Manplas Holdings Limited for £0.3 million on September 19, 2022. There is a payment of £200,000 in cash and the issue of 625,000 ordinary shares in the Company at a price of 16p per ordinary share (for a total value of £100,000), (the "Consideration Shares"), which are subject to a twelve month lock in arrangement. The cash consideration for the Acquisition is being satisfied from the Group's existing resources and the Consideration Shares will be settled from the ordinary shares held by the Company in treasury. Cenkos LLP acted as an financial advisor.
Coral Products plc (AIM:CRU) completed the acquisition of Manplas Holdings Limited for £0.3 million on September 19, 2022. Reported Earnings • Sep 08
Full year 2022 earnings released Full year 2022 results: Revenue: UK£14.4m (up 34% from FY 2021). Net income: UK£967.0k (up UK£1.21m from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). Aankondiging • Sep 07
Coral Products plc, Annual General Meeting, Sep 29, 2022 Coral Products plc, Annual General Meeting, Sep 29, 2022, at 11:00 Coordinated Universal Time. Location: Tatra Rotalac Limited, Southmoor Road Wythenshawe, Manchester, M23 9DS Manchester United Kingdom Aankondiging • Jun 08
Coral Products plc Proposes Dividend The board of Coral Products Plc is proposing a final dividend for the year of 0.2 pence, subject to shareholder approval at the AGM due to be held later in the summer, making total dividend for year of 1.1 pence (2021: 1.0 pence), an increase of 10% on previous year. Further updates on the associated dividend timetable will be made when the date of the AGM is known. Aankondiging • May 31
Coral Products plc (AIM:CRU) acquired Alma Products Limited for £1.5 million. Coral Products plc (AIM:CRU) acquired Alma Products Limited for £1.5 million on May 30, 2022. The cash consideration for the Acquisition is being satisfied from the Group's existing resources. In addition, an earn-out consideration is payable for the year ended 30 April 2023 if the EBITDA, 1) Is equal to £0.5 million then the amount of Earn Out Consideration shall be £1 million; 2) Is less than £0.5 million then the Earn Out Consideration shall be £1 million less an amount equal to £5 for each £1 EBITDA is below £0.5 million; 3) Is less than or equal to £0.3 million then the Earn Out Consideration shall be £0; or 4) Is more than £0.5 million, an additional amount payable shall be calculated as follows:
(5x multiple of every £1 by which the EBITDA exceeds £0.5 million) multiplied by 50%. Under no circumstances shall the Earn Out Consideration exceed £1,500,000. For the year ended 31 December 2021, Alma is forecasting sales of £12.3 million, profit before tax of £0.146 million, EBITDA of £0.424 million and an adjusted net asset value of £2 million.
Coral Products plc (AIM:CRU) completed the acquisition of Alma Products Limited for £1.5 million on May 30, 2022. Aankondiging • May 05
Coral Products plc (AIM:CRU) agreed to acquire Film & Solutions Ltd from two individuals for £3 million. Coral Products plc (AIM:CRU) agreed to acquire Film & Solutions Ltd from two individuals for £3 million on May 4, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Steve Barber was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 26
Coral Products plc Appoints Philip (Phil) Allen as Group Operations Director Coral Products plc, announced that Philip (Phil) Allen has been appointed as Group Operations Director of the Company with immediate effect. Mr. Allen brings with him a wealth of experience having worked in the plastics industry for more than 35 years, including for Amco Plastics and Premier Profiles, from 1989 to 2011, before joining Tatra Plastics Limited, a leading manufacturer. Aankondiging • Apr 20
Coral Products plc Announces Second Interim Dividend, Payable on 3 June 2022 The Board of Coral Products plc intended to declare a second interim dividend of 0.4 pence per share. The ex-dividend date and record date for this interim dividend will be 12 May 2022 and 13 May 2022 respectively. This second interim dividend will be paid on 3 June 2022. Reported Earnings • Dec 02
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: UK£0.006 (up from UK£0.003 in 1H 2021). Revenue: UK£7.10m (up 57% from 1H 2021). Net income: UK£510.0k (up 78% from 1H 2021). Profit margin: 7.2% (up from 6.3% in 1H 2021). Revenue exceeded analyst estimates by 7.1%. Over the next year, revenue is expected to shrink by 7.4% compared to a 12% growth forecast for the industry in Germany. Reported Earnings • Oct 06
Full year 2021 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: UK£10.7m (down 52% from FY 2020). Net loss: UK£240.0k (loss narrowed 71% from FY 2020). Aankondiging • Jun 02
Coral Products plc Provides Earnings Guidance for the Year Ended 30 April 2021 Coral Products plc provided earnings guidance for the full year ended 30 April 2021. The company expects, group sales for continuing activities at the year end are expected to be not less than £10.7 million (2020: £8.7 million) for the year ended 30 April 2021 and when discontinued activities are included, Group Sales are expected to be not less than £22.4 million (2020 £22.3 million). Aankondiging • May 06
Coral Products plc Announces Interim Dividend for the Year Ended 30 April 2021, Payable on 28 May 2021 Coral Products plc announced an interim dividend of 0.5 pence per share for the year ended 30 April 2021 is to be paid on 28 May 2021. The ex-dividend and the record date for the interim dividend will be 13 May 2021 and 14 May 2021 respectively. The company paid 0.00 pence per share in the year 2020. Aankondiging • Mar 26
Coral Products plc (AIM:CRU) commences an Equity Buyback Plan for 12,392,230 shares, representing 15% of its issued share capital, under the authorization approved on January 13, 2021. Coral Products plc (AIM:CRU) commences share repurchases on March 24, 2021, under the program mandated by the shareholders in the Annual General Meeting held on January 13, 2021. As per the mandate, the company is authorized to repurchase up to 12,392,230 shares, representing 15% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The authority shall expire at the conclusion of the next Annual General Meeting of the company in 2021. As of September 22, 2020, the company had 82,614,865 ordinary shares in issue. Aankondiging • Mar 17
Coral Products plc Appoints Stephen Barber as Non-Executive Director Coral Products plc announced that Stephen (Steve) Barber has been appointed as Non-Executive Director of the company with immediate effect. Mr. Barber brings with him a wealth of experience having worked in the packaging industry for more than 30 years, including for Jokey Plastik GmbH and HK Plastics BV, two major packaging manufacturers, from 1983 to 1990, before joining Fenton Packaging Limited, a leading distributor. He left Fenton in 2003 to co-found Interpack Limited and was a director of Interpack Limited, a subsidiary of the company up until its disposal in March 2021.