Macfarlane Group (MACF)

Sector:

Support

Index:

FTSE Small Cap

95.90p
   
  • Change Today:
      0.30p
  • 52 Week High: 109.00p
  • 52 Week Low: 71.50p
  • Currency: UK Pounds
  • Shares Issued: 157.81m
  • Volume: 31,957
  • Market Cap: £151.34m
  • RiskGrade: 106
  • Beta: 0.15

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 95.90p
Change Today 0.30p
% Change 0.31 %
52 Week High 109.00p
52 Week Low 71.50p
Volume 31,957
Shares Issued 157.81m
Market Cap £151.34m
Beta 0.15
RiskGrade 106

MACF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28% below the market average28% below the market average28% below the market average28% below the market average28% below the market average
1.67% below the sector average1.67% below the sector average1.67% below the sector average1.67% below the sector average1.67% below the sector average
Price Trend
49.90% above the market average49.90% above the market average49.90% above the market average49.90% above the market average49.90% above the market average
38.10% above the sector average38.10% above the sector average38.10% above the sector average38.10% above the sector average38.10% above the sector average
Income
19.16% below the market average19.16% below the market average19.16% below the market average19.16% below the market average19.16% below the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average
Growth
18.31% above the market average18.31% above the market average18.31% above the market average18.31% above the market average18.31% above the market average
5.98% above the sector average5.98% above the sector average5.98% above the sector average5.98% above the sector average5.98% 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.

MACF Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-19 16-May-19
Paid 10-Oct-19 06-Jun-19
Amount 0.69p 1.65p

Trades for 09-Dec-2019

Time Volume / Share Price
14:13 616 @ 97.80p
13:48 400 @ 95.33p
13:44 1,804 @ 95.33p
13:04 2,139 @ 95.33p
11:57 12,000 @ 95.00p

MACF Key Personnel

Finance Director John Love
CEO Peter Atkinson
Chair Stuart R Paterson

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