Page 35 - Macfarlane Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

1 March 2021 | 09:05am StockMarketWire.com - Packaging company Macfarlane said it had acquired protective packager GWP for up to £15.1 million. The sum included an earn-out of £5.1 million based on agreed profit growth targets over two years. There also would be a further adjustment for net assets in excess of £1.6 million with the expected net assets on completion being £4.3 million, including £3.8 million of net cash. 'The acquisition is in line with Macfarlane's declared strategy of building its protective packaging business through a combination of organic and acquisitive growth,' th...

A rise in online shopping has helped to boost profits at Macfarlane Group.The packaging specialist said yesterday retail companies now made up about 28 per cent of its sales, compared with 23 per cent

February 26, 2021 Strong returns from the e-commerce, household essentials and medical sectors have enabled Macfarlane Group to achieve a “resilient performance” in 2020, despite the challenging market conditions created by the impact of Covid-19. The UK-based label and packaging company posted a 2.1 per cent increase in sales to £230 million ($321m), with profit before tax increasing… TO CONTINUE READING, PLEASE SUBSCRIBE OR LOGIN

Macfarlane Performance Resilient In 2020 As Final Dividend Returns | Financial News

  Notes to Editors: · Macfarlane Group PLC has been listed on the Premium segment of the Main Market of the London Stock Exchange (LSE: MACF) since 1973 and has more than 70 years' experience in the UK packaging industry. · Through its two divisions Macfarlane Group services a broad range of business customers supplying them high quality protective packaging and labels which help customers reduce supply chain costs, improve their operational efficiencies and enhance their brand presentation. The divisions are: o  Packaging Distribution ...