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James Cropper – “profitability expected to be slightly ahead of expectations” but omits that expectations were massively lowered in January!

By Steve Moore | Tuesday 30 April 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


‘Advanced materials and paper & packaging’ company James Cropper (CRPR) has issued a trading update headlined “profitability expected to be slightly ahead of expectations” and also including that it is “confident that the growth prospects of the group, as a whole, remain significant in the coming years”. So what of a currently up to 340p share price still significantly down from 800p early this year?
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