RPC was established in 1991 following the management buyout of the plastic operations of Reedpack Ltd from SCA. Originally comprising five UK factories, the company today has over 55 operations in 19 countries and employs more than 11,100 people, with annual sales in excess of £1bn. It was listed on the London Stock Exchange in 1993 and entered the FTSE 250 in March 2011.

RPC is unique in offering products manufactured by the three main conversion processes – blow moulding, injection moulding and thermoforming, each technology producing different product characteristics that are suitable for specific packaging applications. It is structured along market and technological lines into six clusters which are aligned to these three processes.

Each cluster has on average seven manufacturing sites, operating across a wide geographical area for reasons of customer proximity, local market demand and manufacturing resource. Each plant is run autonomously.

This structure gives RPC a high degree of knowledge and expertise, along with the flexibility to deal with all types of sizes of businesses, and enables the company to deliver packaging solutions tailored each time to individual customer requirements, as well as the highest levels of service and support.


http://www.rpc-group.com/

8 Jul JP Morgan... 978.00 Overweight

Trading Statement

RNS


RNS Number : 7289D

RPC Group PLC

11 July 2016






11 July 2016

RPC GROUP PLC



Trading Update



RPC Group Plc ("the Group" or "RPC"), a leading international plastic products design and engineering company for both packaging and non-packaging markets, issues a trading update for the period from 1 April 2016 to 30 June 2016 ("first quarter") ahead of its Annual General Meeting being held on 13 July.





Trading performance



Revenues in the first quarter were significantly higher than the same period last year due to continued underlying organic growth and the contribution of acquisitions. Adjusted operating profit for the period, at constant currencies, was also significantly ahead of last year and ahead of management's expectations driven by increased sales volumes, the realisation of synergies, a reversal of last year's polymer headwind and a better than anticipated contribution from Global Closure Systems ("GCS"), whose acquisition was completed at the end of March. The Group's results also benefited from a favourable currency translation impact from a weaker sterling versus the euro and US$ as c.75% of the Group's revenues are generated outside the UK.



Good cash flow was achieved in the period and the Group retains a robust financial position with significant headroom under its debt facilities.





Other key developments



The organisational integration of GCS into RPC's Bramlage division is progressing well and is substantially complete. The realisation of the anticipated €80m of total steady state synergies associated with the acquisition of GCS and Promens remains on track.



On 9 June, RPC announced a recommended cash and share offer for the entire issued and to be issued ordinary share capital of British Polythene Industries Plc ("BPI"). BPI shareholders will vote on the proposal on 25 July and, subject to their approval, the acquisition which has already received unconditional merger clearance from the European Commission is expected to complete early August.





Pim Vervaat, RPC's Chief Executive, said:



"The Group's overall performance in the quarter was encouraging with GCS performing ahead of expectations. The anticipated addition of the BPI business will be another significant step in realising our Vision 2020 focused growth strategy. RPC is generally well placed to operate in periods of macro-economic uncertainty, including that which may be caused by the outcome of the UK referendum on the EU, as it has robust market positions in relatively defensive end-markets, particularly in the UK. The weakening of sterling enhances the competitiveness of the UK operations due to the higher cost of imports from mainland Europe, and the Group's position as a modest net exporter from the UK may incrementally benefit its performance."

Broker Forecast - Credit Suisse issues a broker note on RPC Group PLC

BFN

Credit Suisse today initiates coverage of RPC Group PLC (LON:RPC) with a outperform investment rating and price target of 1025p.

Story provided by StockMarketWire.com

RPC Group PLC (RPC:LSE) set a new 52-week high during today's trading session when it reached 884.50. Over this period, the share price is up 44.35%.

Broker Forecast - Panmure Gordon issues a broker note on RPC Group PLC

Panmure Gordon today reaffirms its buy investment rating on RPC Group PLC (LON:RPC) and set its price target at 1156p. Story provided by StockMarketWire.com

17 Aug Deutsche Bank 970.00 Buy

11:10 15/09/2016
Broker Forecast - Berenberg issues a broker note on RPC Group PLC

Berenberg today initiates coverage of RPC Group PLC (LON:RPC) with a buy investment rating and price target of 1050p. Story provided by StockMarketWire.com

Pre Close Trading Statement
RNS
RNS Number : 1288L
RPC Group PLC
29 September 2016
 
29 September 2016
 
 
RPC Group Plc
 
Pre Close Trading Statement
 
RPC Group Plc ("RPC" or "Group"), the international plastic products design and engineering company, today issues a pre close trading statement for the period 1 April 2016 to 30 September 2016 ("first half" or "period"), ahead of its first half results announcement due to be published on 30 November 2016.
 
Trading performance
 
Revenues in the first half are projected to be significantly ahead of the same period last year, benefiting from the contribution of acquisitions and continued organic growth. The adjusted operating profit for the first half is also anticipated to be significantly ahead of last year due to organic growth, realisation of synergies, the part reversal of last year's polymer price headwind and a foreign exchange translation benefit.
 
The organisational integration of GCS has been completed and its overall trading performance is ahead of previous expectations. The acquisition of British Polythene Industries ("BPI") was completed in August and has been integrated into RPC as a sixth stand-alone division. Initial trading has been encouraging. The overall acquisition related cost synergies (steady state €80m related to Promens / GCS and £10m for BPI) are currently being reviewed to assess potential further upside.
 
The Group's financial position remains strong, with good cash flow development in the first half and it has significant headroom under its debt facilities.
 
Commenting on the first half performance, Pim Vervaat, RPC's Chief Executive, said:
 
"Our first half performance has been encouraging. We are delighted with our acquisition of BPI and we can see real potential for this business as part of the Group. Looking forward, further opportunities to grow and enhance RPC's overall position are actively being pursued in line with our Vision 2020 strategy."

£10 coming soon.

:-)) Broker Forecast - Panmure Gordon issues a broker note on RPC Group PLC
Panmure Gordon today reaffirms its buy investment rating on RPC Group PLC (LON:RPC) and raised its price target to 1200p (from 1156p). Story provided by StockMarketWire.com

30 Sep
Numis
1,100.00
Add

30 Sep
Deutsche Bank
1,000.00
Buy

30 Sep
JP Morgan...
N/A
Overweight

30 Sep
Jefferies...
1,100.00
Buy

nearly there Balerboy. :-))

This rally can't keep going. Took some profit in boo a couple of days ago but still it goes up. Feel I ought to do same here but when.......... feel fingers are going to get burnt very soon.

22 Nov
Jefferies...
1,100.00
Buy

Response to media speculation
RNS
RNS Number : 7573P
RPC Group PLC
21 November 2016
 
21 November 2016
 
RPC GROUP PLC
 
Response to media speculation
 
The Board of RPC Group Plc ("RPC" or the "Group"), the international plastic products design and engineering company, notes the recent media speculation regarding potential acquisitions by RPC. In line with its clearly stated M&A strategy RPC continually assesses potential acquisition opportunities of all sizes, many of which do not lead to any form of transaction. RPC has a disciplined approach to balance sheet management and M&A and adopts strict financial and other criteria.
 
There can be no guarantee that any of these discussions or future discussions would result in a transaction.

Well DC we're into £10 territory ...... Will it hold....

Appointment of Joint Corporate Broker
RNS
RNS Number : 1278Q
RPC Group PLC
25 November 2016
 
25 November 2016
 
RPC Group Plc
Appointment of Joint Corporate Broker
RPC Group Plc, a leading international plastic products design and engineering company for both packaging and non-packaging markets, announces the appointment of Jefferies International to act as its joint corporate broker alongside Deutsche Bank.

25 Nov
Credit Suisse
1,040.00
Outperform
22 Nov
Jefferies...
1,100.00
Buy

StockMarketWire.com
RPC Group has hiked its H1 statutory pretax profit by 79% to £72.5m, from £40.5m. Interim dividend was 6.5p a share, from 4.8p.

It said revenue was £1.23bn, from £800m.

"I am very pleased with the overall business performance in the first half year, leading to record profitability levels with solid underlying organic growth and strong cash conversion," said CEO Pim Vervaat.

"Both the GCS and BPI acquisitions, whose integration is well advanced, have performed well with additional cost synergies identified.

"As we successfully execute our stated Vision 2020 strategy, further attractive opportunities to grow the Group present themselves as the pace of consolidation in the industry accelerates.

"Good opportunities exist for higher added value organic growth whilst at the same time consolidating certain market positions. The second half year has started well."

KEY DEVELOPMENTS:
- Revenue, profit and cash flow reached record levels driven by the successful implementation of the Vision 2020 growth strategy;

- Revenues grew 53% reflecting the contribution from recent acquisitions and c.3% underlying organic growth;

- Return on sales improved to 11.1% (2015: 10.3%);

- Adjusted operating profit of £136.3m with the adjusted EPS improving by 45% to 30.7p;

- Strong cash generation with free cash flow at £118m (2015: £57m);

- Significant acquisition (BPI) made during the period, with four further acquisitions completed after the half year;

- GCS organisational integration completed and BPI's integration well advanced. Overall acquisition related steady state cost synergy forecast increased from £92m to at least £100m per annum;

- Interim dividend of 6.5p up 35%.

Cheers Harry, going great guns.