James Cropper raises earnings guidance on Paper & Packaging strength
James Cropper now expects adjusted EBITDA for the year to 27 March 2027 of about GBP 10.3m-11.3m (USD 13.8m-15.1m), 10-20% ahead of market expectations of GBP 9.4m (USD 12.6m), after first-half trading beat the board's expectations. The upgrade mainly reflects revenue growth and cost management at the Paper & Packaging business. Half-year results are due on 11 November 2026.
Why this mattersThe upgrade shows restructuring and cost control lifting earnings at a small UK speciality paper maker while revenue also grows.
- Adjusted EBITDA for the year to 27 March 2027 now expected at about GBP 10.3m-11.3m (USD 13.8m-15.1m)
- The new range is 10-20% ahead of market expectations of GBP 9.4m (USD 12.6m)
- First-half trading was ahead of board expectations, mainly from Paper & Packaging revenue growth and cost management
- James Cropper had FY2026 sales of GBP 103m (USD 138m)
- Paper & Packaging managing director Paul Barber has cited an operational revamp including a leaner management structure
- Half-year results are due on 11 November 2026
Sources
printweek.com