MPAC Group (MPAC)

Sector:

Engineering

Index:

FTSE AIM All-Share

455.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 467.50
  • 52 Week Low: 187.50
  • Currency: UK Pounds
  • Shares Issued: 20.47m
  • Volume: 37,266
  • Market Cap: £93.16m
  • RiskGrade: 248

Mpac sees FY profits topping expectations

By Iain Gilbert

Date: Thursday 07 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Packaging and automation solutions group Mpac expects to report full-year underlying pre-tax profits ahead of market expectations.
Mpac said on Thursday that trading continued to be "resilient", given that the firm serves essential healthcare, food, and beverage markets, deploying digital technology to mitigate travel restrictions despite continued headwinds from the Covid-19 pandemic.

The AIM-listed group stated its outperformance was driven by both better than expected margins in the fourth quarter, driven by sector mix, and the earnings accretive acquisition of Switchback Group back in September.

Mpac highlighted that its order book remained "strong" going into 2021 at £55.5m and added that, to date, no orders had been cancelled due to Covid-19.

As of 0900 GMT, Mpac shares were up 9.65% at 460.55p.

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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.

 

MPAC Group Market Data

Currency UK Pounds
Share Price 455.00p
Change Today -1.00p
% Change -0.22 %
52 Week High 467.50
52 Week Low 187.50
Volume 37,266
Shares Issued 20.47m
Market Cap £93.16m
RiskGrade 248

MPAC Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.9% below the market average20.9% below the market average20.9% below the market average20.9% below the market average20.9% below the market average
11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average
Price Trend
80.46% above the market average80.46% above the market average80.46% above the market average80.46% above the market average80.46% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Income Not Available
Growth
74.06% above the market average74.06% above the market average74.06% above the market average74.06% above the market average74.06% above the market average
57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MPAC Group Dividends

  Latest Previous
  Interim Final
Ex-Div 15-Sep-16 14-Apr-16
Paid 13-Oct-16 11-May-16
Amount 1.25p 1.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:22 9,540 @ 460.00p
17:08 1,750 @ 455.00p
16:27 2,000 @ 462.00p
16:26 142 @ 455.60p
16:19 2,500 @ 460.00p

MPAC Group Key Personnel

Chair Andrew Kitchingman
CEO Adam Holland

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