CEO David Stirling walks through how James Cropper Plc (LON:CRPR) has halved its net debt, expanded EBITDA by nearly 50%, and is seeing tailwinds from both legacy and future-focused markets. From carbon materials in defence and medical to nascent tech in hydrogen and fuel cells, this is a company retooling for resilience and long-term upside.
Key Moments
- [00:38] Financial highlights: 30% growth in Advanced Materials, EBITDA up nearly 50%
- [01:11] Debt improved from 3.3x to 1.3x EBITDA with asset sales
- [02:08] Operational delivery across both core divisions
- [03:00] Focus on green hydrogen, carbon capture, fuel cells
- [04:17] Stabilising and resizing the Paper division
- [05:34] Paper revenue impact mitigated despite losing major customer
- [06:43] Coloursource™ launch showing strong early signs
- [07:10] Paper division expected to break even in Q4
About the Company
James Cropper plc is a UK-based advanced materials and paper group, specialising in fibre-based innovation across sustainable packaging, carbon materials, and technical applications. The business serves sectors from luxury goods to energy transition technologies.