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Macfarlane Group PLC Trading Update and Board Changes

Meadhbh Hendrie Macfarlane Group

Trading Update 19 November 2020 Macfarlane Group PLC today provides an update on trading for the period from 30 June 2020 to 31 October 2020. The Board is pleased to announce that the Group sales revenue and profit before tax for the 2nd half of the year to date is ahead of the corresponding period in 2019.  These trends give …

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Macfarlane Group PLC: Trading Update

Mark McIntyre Macfarlane Group

Trading Update At our Annual General Meeting in May we announced that the trading performance in the first quarter of 2020 had been strong with profits well ahead of the same period in 2019.  However, we indicated that we expected demand in the second quarter to reduce by between 20% and 25% of the level achieved in 2019 due to …

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Macfarlane Group PLC Annual Group Meeting Statement

Mark McIntyre Macfarlane Group

At the Annual General Meeting (“AGM”) held in Glasgow today, Stuart Paterson, Chairman of Macfarlane Group PLC (“Macfarlane” or the “Company”) made the following statement. Trading As previously reported in our COVID-19 update on 30 March 2020, the first quarter of 2020 delivered a strong trading performance with Group sales growth of 2% and profitability well ahead of the same …

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Macfarlane Group issues COVID-19 trading update

Mark McIntyre Macfarlane Group

Macfarlane Group PLC (“Macfarlane” or the “Company”) COVID-19 Trading Update The Board is committed to following all of the UK Government’s guidance in response to COVID-19, as well as ensuring the long-term sustainability and success of the Company.  The measures being taken by the Company are detailed below together with a summary of its financial position and liquidity. 2020 Trading …

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Macfarlane Group Announces Preliminary Results for 2019 Marking 10 Consecutive Years of Growth

Mark McIntyre Macfarlane Group

Macfarlane Group PLC achieved sales of £225.4m in 2019, (2018: £217.3m) a 4% increase on 2018, with 2019 profit before tax growing to £12.0m (2018: £10.9m), 10% ahead of 2018.  This marks the tenth consecutive year of profit growth.  The performance in 2019 was in line with market expectations and was achieved against a well-publicised backdrop of economic uncertainty resulting …

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Macfarlane Group Acquires Business of Armagrip

Mark McIntyre Macfarlane Group

In line with its strategy of building the business through a combination of organic and acquisitive growth, Macfarlane Group PLC, (“Macfarlane”) the UK’s largest distributor of protective packaging, announces the acquisition of the business of Teesside-based Armagrip Limited (“Armagrip”). Armagrip is a well-established protective packaging distribution business that focuses on customers primarily in the industrials sector across the North of …