Full Year Results 

Scapa chief bows out

Scapa chief bows out

How much is one chief executive worth? To some investors in Scapa (SCPA), the answer appears to be 'everything'. Shares in the adhesive products specialist crashed as much as a fifth on news that Heejae Chae is to step down after a decade at the helm. Record revenue and adjusted profits, detailed in the accompanying results, were sidelined.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now