RPC Group 2018 interim results
· Revenue growth of 53% to £1,876m reflecting the contribution from acquisitions, organic growth, polymer price tailwinds and translation benefits from foreign exchange movements
· Adjusted operating profit increase of 58% to £214.7m with adjusted EPS up 27% to 36.4p
· Return on sales increase of 30 basis points to 11.4%
· Strong cash generation; statutory net cash from operating activities increase of 62% to £245.4m, and free cash flow up 45% to £171.7m
· RONOA expansion of 320 basis points to 28.0% reflecting acquisition synergy realisation and profitability improvements
· ROCE increase of 30 basis points to 15.1%; remains well ahead of weighted average cost of capital
· Interim dividend of 7.8p up 28% representing the 25th year of consecutive growth
