Sales Up Despite Profit Fall

September 07, 2023

Sales were up 24% to £129.7m. James Cropper said that this recovery was driven by high demand and retained contracts. However, profit before tax fell 53% to £1.1m due to net finance costs and exceptional costs.

Jewelry Box Sliding Jpg

James Cropper chief executive Steve Adams said: “We achieved a good performance for the year with 24% revenue growth in spite of unprecedented market headwinds.

Christmas Box Red Jpg

In FY2023, significant progress was made in repositioning James Cropper to capitalise on growth opportunities within its core and emerging end-markets, such as the fast-growing renewable energy and decarbonisation markets which are in need of novel high-performance materials and sustainable fibres. “We will aim to drive increased value for our shareholders through accelerated growth in each of our market focused segments; Creative Papers, Luxury Packaging, Technical Fibres and Future Energy by leveraging our potential as one Company under the James Cropper name. “I am excited by the many opportunities and have confidence in our strategy to accelerate growth and in our exceptional team worldwide to make a real difference.

Drawer Boxes Red Jpg

The foundations are in place to create a greater global presence for James Cropper, by repositioning ourselves to better serve our existing and target customers.”

Liyang Paper products co., ltd is a factory and trade company located in Dongguan, China. Specialized in producing gift paper packaging and printing, such as gift box, gift bags, book printing, notebooks, folders, wine box,jewelry box, cosmetic box, watch box, shoe box,etc.Custom made base on your design is welcome, feel free to contact Liyang printing with your full details.

Předchozí

další

Kontaktujte nás

Author:

Ms. Lily Yu

E-mail:

admin@lyprinting.com

Phone/WhatsApp:

8613580852389

Populární produkty

Firemní novinky