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Weak customer demand dents Macfarlane Q1 profits, sales
By Michele Maatouk
Date: Tuesday 07 May 2024
(Sharecast News) - Macfarlane slumped on Tuesday as the packaging supplier backed its full-year expectations but said sales and profits in the first quarter were below the same period a year earlier amid weak customer demand.
In an update ahead of its annual general meeting, the company cited "challenging" conditions.
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