Rapra sales rise after MBO

By Patrick Raleigh ERJ/UT On-line News editor
Shawbury, UK- Rapra Technology has reported a year-on-year sales growth of 9 percent for 2003-the company’s first full calendar year of trading since its management buy out in July 2002.

The Shawbury-based polymer research and testing house will not issue sales and earnings details until later this Spring. In 2001, Rapra reported operating profits of £107 000 ($196 000) on sales of £6.75 million.
Gains in 2003 reflected increased repeat business and single-clients projects, as well as growth in product testing…

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