British Polythene Industries confirmed yesterday that demand for its plastic bags from retailers and manufacturers is still weak, but profits are holding up well.
BPI said trading was consistent with the conditions it outlined in early November.
"Demand from many industrial customers remains subdued and, at best, we expect overall volumes to be flat from the retail sector.
"We currently expect total volumes for 2012 to fall short of 2011, however this shortfall has been less pronounced in the second half."
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