UK's James Cropper gains after forecasting annual core profit above market view
Yesterday 08:38
BUZZ-UK's James Cropper gains after forecasting annual core profit above market view ** Shares of paper products maker James Cropper CRPR.L up 9.2% at 765 pence
** Co expects full-year adjusted core profit of about £10.3 million to £11.3 million ($13.75 million-$15.08 million), ahead of current market expectations
** Upbeat forecast comes after strong first-half helped by cost management in paper & packaging business
** Stock up ~137% YTD
($1 = 0.7492 pounds)
(Reporting by Neeshita Beura in Bengaluru)