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Polypipe Group PLC (PLP.L)

PLP.L on London Stock Exchange

407.80GBp
16 Feb 2018
Change (% chg)

4.40 (+1.09%)
Prev Close
403.40
Open
401.20
Day's High
407.80
Day's Low
401.20
Volume
264,326
Avg. Vol
365,221
52-wk High
439.50
52-wk Low
327.70

Latest Key Developments (Source: Significant Developments)

Polypipe Group Announces ‍Potential Sale Of French Operations
Wednesday, 31 Jan 2018 02:00am EST 

Jan 31 (Reuters) - Polypipe Group Plc ::POTENTIAL SALE OF FRENCH OPERATIONS/TRADING UPDATE​.‍EXCLUSIVE NEGOTIATIONS TO SELL POLYPIPE FRANCE HOLDING (POLYPIPE FRANCE), ITS FRENCH OPERATIONS, TO RYB S.A.​.‍CASH CONSIDERATION PAYABLE BY RYB WILL BE EUR 16.5 MILLION ON A DEBT FREE, CASH-FREE AND NORMALISED WORKING CAPITAL BASIS​.‍GROUP'S TRADING PERFORMANCE FOR FULL YEAR WAS IN LINE WITH MANAGEMENT EXPECTATIONS​.  Full Article

Polypipe on track to achieve FY management expectations
Tuesday, 14 Nov 2017 02:02am EST 

Nov 14 (Reuters) - Polypipe Group Plc :POLYPIPE GROUP PLC - ‍STRONG ORGANIC GROWTH IN OUR UK RESIDENTIAL SYSTEMS AND MAINLAND EUROPE SEGMENTS​.POLYPIPE GROUP PLC - ‍GROUP ON TRACK TO ACHIEVE MANAGEMENT EXPECTATIONS FOR FULL YEAR​.POLYPIPE GROUP PLC - ‍REVENUE FOR TEN MONTHS ENDED 31 OCTOBER 2017 WAS 8.2% HIGHER THAN PRIOR YEAR AT 400.6 MLN STG​.POLYPIPE GROUP PLC - ‍LIKE FOR LIKE REVENUE GROWTH IN FOUR MONTHS TO 31 OCTOBER 2017 WAS MARGINALLY HIGHER THAN THAT RECORDED IN FIRST HALF OF YEAR AT 7.3%.​.  Full Article

Polypipe Group appoints Paul James as CFO
Wednesday, 27 Sep 2017 11:52am EDT 

Sept 27 (Reuters) - POLYPIPE GROUP PLC ::‍APPOINTMENT OF PAUL JAMES AS CHIEF FINANCIAL OFFICER AND A MEMBER OF POLYPIPE BOARD ON OR BEFORE 2 APRIL 2018​.JAMES ‍SUCCEEDS MARTIN PAYNE, WHO WILL ASSUME ROLE OF CHIEF EXECUTIVE OFFICER ON 2 OCTOBER 2017, AS PREVIOUSLY ANNOUNCED ON 24 MAY 2017​.PAYNE ‍WILL CONTINUE TO OVERSEE GROUP FINANCE FUNCTION UNTIL PAUL JOINS​.  Full Article

Polypipe Group posts ‍HY operating profit 38.9 mln stg
Tuesday, 8 Aug 2017 02:00am EDT 

Aug 8 (Reuters) - POLYPIPE GROUP PLC :‍HY REVENUE 8.4% HIGHER AT £242.0M, OR 6.9% ON A LIKE FOR LIKE BASIS 2​.‍PERFORMANCE IN LINE WITH MANAGEMENT EXPECTATIONS​.HY UNDERLYING OPERATING PROFIT 3.1% HIGHER AT £38.9M​.‍INTERIM DIVIDEND INCREASED 16.1% TO 3.6 PENCE PER SHARE​.‍PRICING ACTIONS TO RECOVER H2 2016 INPUT COST INFLATION PROGRESSIVELY IMPLEMENTED THROUGH FIRST HALF​.‍UK ROADS PROGRAMME IS EXPECTED TO ACCELERATE IN H2, UNDERPINNING DEMAND IN OUR UK COMMERCIAL AND INFRASTRUCTURE SYSTEMS SEGMENT​.‍WELL PLACED TO CONTINUE TO DELIVER RESULTS IN LINE WITH MANAGEMENT EXPECTATIONS FOR YEAR ENDING 31 DECEMBER 2017​.  Full Article

Polypipe says David Hall to retire as CEO
Wednesday, 24 May 2017 02:00am EDT 

May 24 (Reuters) - Polypipe Group Plc ::Says David Hall has decided to retire from Polypipe and his role as chief executive officer (ceo), effective 2 October 2017.Says David Will be succeeded by Martin Payne, currently Polypipe's chief financial officer (cfo).  Full Article

Polypipe Group posts FY pre-tax profit of 54.4 mln pounds
Thursday, 30 Mar 2017 02:17am EDT 

Polypipe Group Plc : FY revenue of 436.9 million stg versus 352.9 million stg year ago . FY profit before tax 54.4 million stg versus 41.5 million stg year ago . Recommended final dividend per share of 10.1 pence . Says level of economic uncertainty has eased since immediate reaction to outcome of EU referendum, but we remain alert to market risks . Says underlying fundamentals and growth prospects in overall UK construction market remain positive .Says impact of selling price increases expected to come through from Q2, expected to deliver planned margin for full year.  Full Article