PLEASE TELL US A LITTLE ABOUT YOURSELF SO THAT WE CAN DISPLAY THE MOST
APPROPRIATE CONTENT TO YOU:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies used on Trustnet and how you can manage them, see our Privacy and Cookie Policy.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms of Use.

For more information Click here

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
Share   Print      RSS

Macfarlane Group PLC (MACF)

Macfarlane Group PLC

Trading Statement
Macfarlane Group PLC
11 July 2007



Macfarlane Group PLC


Pre-close trading update

                                                                    11 July 2007

Macfarlane Group ('the Company') intends to announce its results for the six
months to 30 June 2007 on Tuesday 11th September 2007.


The Company will report an increase in sales from continuing activities,
improved trading performance and a return to first half profits.


Sales in our Packaging Distribution business are over 10% ahead of last year and
margins are recovering. The net effect is a significantly improved performance
from our Packaging Distribution business in the first half compared with 2006.


In our Manufacturing Operations, the Labels, Plastics and UK Packaging
Manufacturing businesses are performing satisfactorily. Our US/Mexico business
is contending with slower markets in 2007 but is now realigning its cost base
with these lower levels of demand. The Manufacturing Operations will show an
improvement in profit for the first half compared with 2006.


The most significant feature of trading to date in 2007 is the improvement in
our key businesses, particularly in Packaging Distribution, reflecting our aim
to give greater focus to the Company's activities. The Company's intentions
regarding dividend payments remain as previously expressed.


Further information

Archie Hunter - Chairman                                0141 333 9666
Peter Atkinson - Chief Executive                        0141 333 9666
John Love - Finance Director                            0141 333 9666





                      This information is provided by RNS
            The company news service from the London Stock Exchange
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

You are currently using an old browser which will not be supported by Trustnet after 31/07/2016. To ensure you benefit from all features on the site, please update your browser.   Close