Macfarlane (#MACF) – H1 adj. EPS -9% to 3.5p, DPS maintained at 0.96p, emphasises H2 improvements

Macfarlane (#MACF) – “full year 2025 adjusted operating profit, now expected to be 20% to 25% below market expectations”

Macfarlane (#MACF) – H1 adj. EPS down to 3.78p, DPS maintained at 0.96p, argues “performance improvement expected in H2”

Macfarlane – emphasises “strong new business pipeline”, but how’s converting it going?…

Having previously been positive on shares in packaging design, manufacturing and distribution group Macfarlane (MACF), noted weak customer demand and price deflation saw the shares downgraded to sell at 126p on the N50 Website last year. The shares most recently closed at 116.5p, and what about now a “Trading Update” and a current 100p share price?

Macfarlane (#MACF) – “profit in Q1 2025 was behind the same period in 2024”, argues “we have a clear action plan”

Macfarlane (#MACF) – acquisition of Scotland-based protective packaging group Pitreavie for up to £18m including up to £4m earn-out

Macfarlane (#MACF) – revenue -4% YoY, “continued challenging market conditions resulting in weaker volumes and lower pricing impacting most sectors”

Macfarlane (#MACF) – H1 earnings slightly down but DPS +2% to 0.96p, “challenging market conditions”

Macfarlane (#MACF) – acquisition of foam designer and converter Polyformes for up to £11.5m including up to £4.8m earn-out

Macfarlane (#MACF) – Q1 sales -9.5% YoY, “strong gross margins… expectations for the full year are unchanged”

Macfarlane – acquisition to further build protective packaging business, BUY

Packaging design, manufacturing and distribution group Macfarlane (MACF) has announced the acquisition of Allpack Packaging Supplies Limited, emphasising “this earnings-enhancing acquisition further progresses Macfarlane's strategy to build its protective packaging business”. Further good news from a current 131.5p share price?

Macfarlane (#MACF) – acquisition of Allpack Packaging Supplies for up to £3.25m

Macfarlane – 2023 results, a single digit PE is too low. A value Buy

Packaging design, manufacturing and distribution group Macfarlane (MACF) has announced its results for the 2023 calendar year and that it is confident that it will continue to make progress in 2024 through strong new business momentum, a well-developed pipeline of potential acquisitions, the continued effective management of input prices and operational efficiencies.

Macfarlane (#MACF) – expects FY adj. PBT “ahead of last year and in line with its full year expectations” despite revenue currently -2% YoY

Macfarlane – protective packaging business acquisition, Buy

Packaging group Macfarlane (MACF) has announced the acquisition of specialist protective packaging business B&D, which it emphasises is “servicing high quality customers in attractive growth sectors and complements Macfarlane's existing specialist protective packaging activities”.

Macfarlane Group – interims, remains a value Buy

Protective packaging design, manufacturing and distribution group Macfarlane (MACF) has announced results for the first half of the 2023 calendar year and that new business momentum and its management of pricing and costs mean that its profit expectations for the full year remain unchanged.

Macfarlane (#MACF) – H1 EPS +9% to 4.74p, DPS +4% to 0.94p, “profit expectations for the full year remain unchanged”

Macfarlane – solid trading update, still a value Buy

Packaging designer, manufacturer and distributor Macfarlane Group (MACF) has issued a trading update headlined “Solid start to 2023 - on course to meet full year expectations”, so what does that mean relative to a now 114.5p share price, £181.3 million market cap?

Macfarlane (#MACF) – notes Q1 progress, “expectations for the full year are unchanged”

Macfarlane – another acquisition, still a value Buy

Packaging designer, manufacturer and distributor Macfarlane Group (MACF) has announced the acquisition of A & G Holdings, owner of Gottlieb Packaging Materials – a North-West of England-based supplier of protective packaging products to customers across a wide range of sectors.