Half Year Results 

Paper prices pulp profits at James Cropper

Paper prices pulp profits at James Cropper

Technical fibre products (TFP) continue to paper over the cracks at James Cropper (CRPR). The division enjoyed a record sales performance in the first half, and is up 7 per cent on the first half of 2017. Here lies the company’s growth prospects – management expects further growth in the second half, while added capability at its Burneside facility could raise the division’s capacity by 50 per cent. But the TFP division contributes just over a quarter of the company’s revenues, compared with the 74 per cent brought in by its troublesome paper business.

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