Describing itself as a “leading advanced materials and paper & packaging group”, James Cropper (CRPR) states that it “today issues an update on trading”. Uh oh – not ‘pleased’ to issue the update then?…
Writing on paper products and materials company James Cropper (CRPR) last month with the shares down to 850p I concluded that at least ahead of some bottom-line evidence of the argued significant growth prospects, still avoid / sell. The shares last closed at 915p, but are currently down to 845p on the back of half-year results.
Paper products and materials company James Cropper (CRPR) has issued a “Half Year Trading Update” including that revenues “were up on the prior year (H1 2021) by 26%… Order books are full and the company is focused on a range of enabling actions to build a solid foundation for continued future growth”. So why are the shares currently at 850p, down more than 14.5%?





