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Packaging outfit coy on guidance even as earnings double

 

Family-backed packaging outfit James Cropper (CRPR:AIM) doubled earnings in the six months to 1 October but chairman Mark Cropper is not upgrading earnings guidance.

Shares are up 63% year-to-date and while analysts at Westhouse have upgraded their target price they have not increased earnings per share estimates of 45.9p, down marginally from a year earlier. (WC)

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