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



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 Update
RNS Number : 9716T
Macfarlane Group PLC
20 November 2019


Trading Update


20 November 2019


Macfarlane Group PLC today provides an update on trading for the period from 30 June 2019 to 31 October 2019.

Sales revenue has grown by 4% in the year to date and Group profit before tax is ahead of the corresponding period in 2018.  Sales revenue has continued to be impacted by the UK's well-publicised weaker demand and by price deflation.  This is being offset by management action to improve gross margins and reduce overhead costs.  The two acquisitions made in 2019 are both performing well.

Stuart Paterson, Chairman of Macfarlane Group, said:

"I am pleased to report that Macfarlane Group's performance in the second half of 2019 has remained robust in the face of weaker demand conditions.  On the assumption that the Group benefits from the normal seasonal uplift in activity in the remainder of 2019, the Board is confident that results will be ahead of last year and in line with its full year expectations for 2019."


Further enquiries:

Macfarlane Group

Tel: 0141 333 9666


Stuart Paterson                   Chairman



Peter Atkinson                     Chief Executive



John Love                              Finance Director



Spreng Thomson

Tel: 0141 548 5191


Callum Spreng

Mob: 07803 970103




Notes to Editors:

·     Macfarlane Group PLC is headquartered in Glasgow, Scotland, listed on the London Stock Exchange (LSE: MACF) in the Industrials Sector and has more than 60 years' experience in the UK packaging industry

·     Macfarlane Group's businesses are:

Macfarlane Packaging is the leading UK distributor of a comprehensive range of protective packaging products

Labels designs and prints high quality self-adhesive and resealable labels, principally for FMCG companies

Packaging Design and Manufacture designs and produces protective packaging for high value, fragile products

·     Macfarlane Group employs over 925 people at 31 sites, principally in the UK, but also in Ireland and Sweden

·    The company has 20,000+ customers in the UK, Europe and USA providing 600,000+ lines to a wide range of industry sectors including: consumer goods; food manufacturing; logistics; internet retail; mail order; electronics; defence and aerospace

Legal Entity Identifier (LEI):  213800LVRYDERSJAAZ73

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit
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