UK's Coral Products H1 revenue rises on higher intercompany sales

Coral Products

08/01/2026 07:11

Overview

UK plastic products maker's H1 revenue rose 29.4% including intercompany sales

Underlying profit before tax improved significantly from a loss to £0.4 mln

Company's operational improvements contributed to financial performance

Outlook

Coral Products expects H2 revenue to be marginally higher despite seasonal effects

Operational restructuring at Manplas Ltd expected to bring consistent profitability

Coral Products' full-year outlook remains unchanged

Result Drivers

VERTICAL INTEGRATION - Intercompany sales increased by 225%, reflecting successful integration of Group businesses

ARROW ACQUISITION - Acquisition of Arrow Film & Foil Converters Ltd contributed to revenue growth and profitability focus

OPERATIONAL IMPROVEMENTS - Rigid division's gross margin improved due to operational efficiencies and cost controls

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 21.10 mln
H1 Gross Profit
GBP 6.70 mln


Analyst Coverage

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release: ID:nRSH0757Oa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)