Strip out costs associated with consolidating facilities and managing the pension deficit and trading profit at Scapa (SCPA) soared 18 per cent to £10m in the six months to September 2015. But chief executive Heejae Chae was in a sober mood, insisting the manufacturer of bonding tapes simply achieved what it said it would.
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In healthcare, focusing on skin-friendly solutions in areas of advanced woundcare, medical devices, consumer wellness and drug delivery paid off nicely, particularly as industry-wide outsourcing is on the rise. The upshot was trading profit increasing by a fifth to £6.5m, as divisional sales surged 21 per cent to £43m.