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By Scott Wright

Macfarlane Group has reported a robust performance since its first half – in the face of continuing challenging market conditions – and is now expecting to exceed its previous expectations for the full year.

By Scott Wright

May 13, 2021 Growth in its Packaging Distribution business has led to Macfarlane Group posting a first quarter sales surge of 15 per cent ahead of the same period in 2020. Group profit for the period is also well ahead of last year. The UK-based company’s Packaging Distribution sales were up 10 per cent, with strong results from e-commerce retail customers and some signs of recovery from industrial customers. Manufacturing Operations grew sales by 45 per cent compared with the same period in 2020, reflecting on-going strength in the company’s Labels business, some recovery in its Design a...

Macfarlane Group ahead of last year in trading update Richard Stuart-Turner Tuesday, May 11, 2021 Packaging giant Macfarlane Group has reported sales in the first quarter 15% ahead of the same period in 2020. Macfarlane Group has completed two acquisitions so far this year In the company’s Annual General Meeting trading update, which covers 2021 to date, the Glasgow-headquartered firm also said group profit for the year to date was “well ahead of that achieved in 2020”. At the AGM in Glasgow today, chairman Stuart Paterson will say: “We have grown o...