Investors were elated to discover further strong progress at Carclo (CAR) in the year to March, particularly as many of its peers have been dragged down by sluggish industrial spending and tumbling commodity prices. News of prosperity across all divisions sent the shares up a whopping 12 per cent.
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Both technical plastics and LED technologies put in stellar performances. While the former benefited from robust demand and capacity expansions in China, India and the US, the latter excelled after the launch of new products and contracts to design the latest range of super cars. Highlights included producing head and tail lamps for the new Aston Martin DB11.
