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.
Macfarlane Group
Glasgow-based packaging company Macfarlane Group has reported a pre-tax profit of £8.9 million on revenues of £139.2m for H1 2022, a 3% and 14% increase, respectively, from H1 2021. Basic and diluted earnings per share were 4.36p per share and 4.31p per share respectively. The interim di
Glasgow-based packaging firm Macfarlane Group has posted a 50% increase in profits in 2021, despite rising input costs and supply chain constraints. The firm said that in face of "challenging market conditions" its team had shown "great commitment and dedication" in servicing its customers.
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