The board of Glasgow-headquartered protective packaging specialist Macfarlane Group has released a trading update for the period from 1 January to 31 October 2023. Despite facing a 2% revenue drop compared to the same period last year, due to weaker volumes and reduced pricing affecting various
Macfarlane Group
Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine
Macfarlane Group PLC has reported a pretax profit of £10 million, up 13% from last year, in its financial results in the first half of 2023. Revenue at the firm saw a modest rise of 2%, standing at £141.6m compared to the previous year's £139.2m, and the company's operating profit
Macfarlane Group has appointed David Mansfield to the newly created executive role of managing director – Macfarlane Packaging Distribution. Set to join the firm later this month, Mr Mansfield brings with him a wealth of industry experience from both a manufacturing and distribution stand
Glasgow-headquartered Macfarlane Group PLC has acquired A & G Holdings Limited, the owner of Gottlieb Packaging Materials Limited, in a deal worth £3.55 million. The acquisition is part of Macfarlane's strategy to expand its protective packaging business through organic and acquisitive gro
FRP Corporate Finance has advised the shareholders of Suttons Performance Packaging (Suttons), a protective packaging manufacturing business based in Cambridgeshire, on its £13.7m sale to Macfarlane Group PLC (Macfarlane). Founded in 1962, Suttons supplies specialist protective packaging to th
Macfarlane Group has acquired Suttons Performance Packaging, a specialist protective packaging manufacturing business based in Cambridgeshire, in a £9.0 million deal. This earnings accretive acquisition follows Macfarlane’s ‘buy and build’ strategy in delivering further stake
Glasgow-headquartered Macfarlane Group has seen profits before tax from continuing operations reach £19.9 million in 2022, marking a 7% increase from the year before. According to the group's annual results, revenue from continuing operations grew by 10% versus 2021 to £290.4m.
Protective packaging specialist Macfarlane Group has given a trading update reporting an 11% in revenue, despite weaker volumes, for the YTD to the end of October. The board expects the group’s results for 2022 to be ahead of last year and in line with its full year expectations.
Glasgow-based protective packaging supplier Macfarlane Group has seen its pre-tax profits more than double to £7.8 million. In the six months ended Juen 30, the firm's sales rose by 26.5% to £133.5m, compared to the same period in 2020. At the same time, operating profit before amortisat