Macfarlane Group (MACF)

Sector:

Support

Index:

FTSE Small Cap

 139.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 145.00
  • 52 Week Low: 79.50
  • Currency: UK Pounds
  • Shares Issued: 157.81m
  • Volume: 213,197
  • Market Cap: £219.36m
  • RiskGrade: 179

Macfarlane buys packaging distribution business Ecopac for up to ?3.9m

By Michele Maatouk

Date: Tuesday 07 May 2019

LONDON (ShareCast) - (Sharecast News) - Packaging and label company Macfarlane has bought Buckinghamshire-based protective packaging distribution business Ecopac for up to £3.9m in cash.
The group said the deal was in line with its strategy of building the business through a combination of organic and acquisitive growth.

The acquisition was made through Macfarlane's wholly-owned subsidiary, Macfarlane Group UK Limited.

In the year to the end of March 2018, Ecopac - which focuses mainly on customers within a close radius of its facilities near Aylesbury - generated sales of £6m and pre-tax profits of £0.5m.

Macfarlane said all of Ecopac's 21 employees will remain with the business after the acquisition.

Chief executive Peter Atkinson said: "Ecopac is a well-run, profitable packaging business that meets our strict acquisition criteria and will be earnings-enhancing in its first full year in the group. I am confident that the business will prove to be an excellent acquisition improving our geographic penetration and extending our customer reach."

1345 BST, the shares were up 1.7% at 103.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MACF Market Data

Currency UK Pounds
Share Price 139.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 145.00
52 Week Low 79.50
Volume 213,197
Shares Issued 157.81m
Market Cap £219.36m
RiskGrade 179

MACF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.36% below the market average35.36% below the market average35.36% below the market average35.36% below the market average35.36% below the market average
20.79% above the sector average20.79% above the sector average20.79% above the sector average20.79% above the sector average20.79% above the sector average
Price Trend
74.72% above the market average74.72% above the market average74.72% above the market average74.72% above the market average74.72% above the market average
52.21% above the sector average52.21% above the sector average52.21% above the sector average52.21% above the sector average52.21% above the sector average
Income
18.14% below the market average18.14% below the market average18.14% below the market average18.14% below the market average18.14% below the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Growth
53.25% above the market average53.25% above the market average53.25% above the market average53.25% above the market average53.25% above the market average
47.66% above the sector average47.66% above the sector average47.66% above the sector average47.66% above the sector average47.66% above the sector average

MACF Dividends

  Latest Previous
  Interim Final
Ex-Div 16-Sep-21 13-May-21
Paid 14-Oct-21 03-Jun-21
Amount 0.87p 1.85p

Trades for 24-Sep-2021

Time Volume / Share Price
14:42 70,000 @ 141.25p
16:27 8,800 @ 138.30p
16:26 9,000 @ 138.00p
16:11 2,870 @ 139.52p
16:09 2,154 @ 139.52p

MACF Key Personnel

CEO Peter Atkinson
Chair Stuart R Paterson

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