Carclo delivers 'year of progress'

TECHNICAL plastics firm Carclo, which is based in Osset, West Yorkshire, today revealed that its profits rose last year after a "period of progress".

In the year ended March 31 2010, the company's profit before tax increased by 26.6 per cent to 4.6m.

Earnings per share increased by 15.7 per cent to 5.9 pence.

Carclo supplies specialist lighting products to top-of-the range car manufacturers such as Lamborghini, Bentley and Aston Martin.

Hide Ad
Hide Ad

Analysts are also focusing on the growth potential of Carclo's Conductive Inkjet Technology (CIT), which prints "invisible" metal lines on plastic products such as touch screens and medical sensors.

Carclo said that, overall it had achieved a "most satisfactory year of strategic progress".

The group continued to focus on specialist medical and optical markets. It had also expanded its global manufacturing footprint and invested in new technologies

Christopher Ross, the company's chairman said: "The group is well positioned for growth and the board remains committed to delivering shareholder value through a continued focus on its clear, consistent strategy."