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 …
Macfarlane Group issues COVID-19 trading update
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 …
Macfarlane Group Announces Preliminary Results for 2019 Marking 10 Consecutive Years of Growth
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 …