June 6, 2018 / 6:30 AM / 13 days ago

UK's RPC seeks to sell non-core assets, FY profit up 36 pct

June 6 (Reuters) - RPC Group Plc is looking to sell non-core assets with total revenue of 209 million pounds ($280 million), as the British packaging company seeks to sharpen its focus on higher-value plastics that can be recycled or reused.

The company reported a 36 percent jump in full-year pretax profit on Wednesday, helped by strong growth in both its packaging and non-packaging segments and by acquisitions.

RPC said adjusted pretax profit rose to 389 million pounds in the year ended March 31. Revenue also rose 36 percent, to 3.75 billion pounds. (Reporting By Justin George Varghese in Bengaluru Editing by Georgina Prodhan)

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