Join our community of smart investors

Yule Catto adds to Asian portfolio

Yule Catto's latest purchase will boost earnings next year
October 19, 2011

Buying Malaysia’s Quality Polymer for £10m in cash keeps Yule Catto’s Asian expansion plan on track. The deal, it says, will be earnings enhancing in 2012 and complements the company’s existing plants nearby, which are currently operating at or near to capacity.

IC TIP: Buy at 170p