Canadian plastics buy delivers for One51
H1 pre-tax profits up 37 per cent despite weaker sterling
Pre-tax profits were €11.3m, up from €8.2m in the same period last year as revenue jumped 51 per cent to €214.2m.
Chief executive Alan Walsh said IPL had performed ahead of expectations since its acquisition and delivered very strong results during the first half of the year. He said earnings in Britain were affected by the fall in the value of sterling in the wake of Brexit.
"Other potential impacts of Brexit are...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
The business news you might have missed, all in one place
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures