Macfarlane – AGM trading update, upgrades after half-year?
By Tom Winnifrith & Steve Moore | Thursday 12 May 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Packaging group Macfarlane (MACF) has announced “a solid start to 2022, with first quarter sales and profits from continuing operations ahead of the same period in 2021… expectations for the full year are unchanged”. So what of a current 120.5p share price?
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