May 21, 2019 / 8:31 AM / a month ago

BUZZ-Scapa Group: Falls as top segment rev dips, CEO set to leave

** Shares of Scapa Group Plc fall 12.6% to 337 pence, on track for worst day in 6 months

** Co’s CEO of 10 years Heejae Chae to step down

** Supplier of bonding solutions and adhesives says search for successor ongoing

** FY industrial business revenue down 4.6% at 170.5 mln pounds

** FY adj net debt 43.7 mln pounds vs 3.8 mln pounds year earlier after acquisition of Systagenix manufacturing facility

** Co’s FY revenue grows 7%, trading profit up 10.7% (Reporting by Sangameswaran S in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below