Newspaper article The Journal (Newcastle, England)

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Newspaper article The Journal (Newcastle, England)

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Mail on Sunday YULE Catto, based in Harlow, Essex, specialises in the production of polymers, including latex, where it has a world-leading position.

The company has streamlined the business in recent years, cutting costs and debt, and selling non-core subsidiaries to focus on polymers. It recently announced the pounds 375m purchase of German latex specialist PolymerLatex, which should boost Yule's growth substantially over the next few years.

The firm has a long record of being able to pass on price rises to customers and the PolymerLatex deal should help it compensate for sluggish European growth by selling more in Asia.

The shares are 198.75p and likely to start climbing in the next few months. Buy. RPC, which makes plastic products such as margarine containers, toothpaste dispensers and disposable cups, last week said profits for the 12 months to March 31 would be better than expected. This January the company announced a five-for-eight rights issue at 143p to finance the acquisition of rival Superfos. …

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