Spray paint brand Plasti-kote reported a successful financial year (to September 2009) despite more challenging trading conditions, making a 2.5% increase in operating profit.
Global md aerosol for the Valspar Corporation Mike Watson said: "This has been a challenging year for us as we have taken the brand into new trade channels and new geographic regions of Europe whilst continuing to invest in our existing markets.

"Recovery remains fragile in the DIY sector but the robustness of the Plasti-kote brand has made us confident enough to increase investment and expand the workforce to take advantage of these new and existing growth opportunities."