Strong growth for Filtrona

British plastic and fibre products supplier Filtrona reported a 37 per cent rise in its first-half adjusted pre-tax profit, helped by a revenue rise in its higher margin divisions, and forecast strong growth in the second half. The company, which develops and manufactures products for use in consumer, medical and industrial markets, raised its interim dividend by 11.1 per cent to 3p. January to June adjusted pre-tax profit was £34.6m, compared with £25.3m a year ago. Revenue for the year was up 8.7 per cent at £247.6m.