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Straight

  • BY: Andrew Hore |
  • POSTED: 01/02/2011 |

Recycling containers maker Straight says that its 2010 results will be in line with expectations.

Turnover is 8% higher thanks to a contribution from the UK wheeled bin manufacturing assets acquired from Aim-quoted Helesi. This, and the acquisition of the Dyro manufacturing business in Hull, makes Straight an integrated business. Two-thirds of Straight’s products will be manufactured at Hull. Enlarged facilities will be completed by the end of March. 

At 116.5p a share, Straight is valued at £13.9m.

The full figures will be published on 28 March.

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