Macfarlane Group (MACF)

Sector:

Support

Index:

FTSE Small Cap

111.00p
   
  • Change Today:
    -2.25p
  • 52 Week High: 114.50
  • 52 Week Low: 88.00
  • Currency: UK Pounds
  • Shares Issued: 157.81m
  • Volume: 31,885
  • Market Cap: £175.17m
  • RiskGrade: 142

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 111.00p
Change Today -2.25p
% Change -1.99 %
52 Week High 114.50
52 Week Low 88.00
Volume 31,885
Shares Issued 157.81m
Market Cap £175.17m
RiskGrade 142

MACF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.42% below the market average43.42% below the market average43.42% below the market average43.42% below the market average43.42% below the market average
27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average
Price Trend
76.61% above the market average76.61% above the market average76.61% above the market average76.61% above the market average76.61% above the market average
62.60% above the sector average62.60% above the sector average62.60% above the sector average62.60% above the sector average62.60% above the sector average
Income
31.85% below the market average31.85% below the market average31.85% below the market average31.85% below the market average31.85% below the market average
42.17% below the sector average42.17% below the sector average42.17% below the sector average42.17% below the sector average42.17% below the sector average
Growth
20.13% above the market average20.13% above the market average20.13% above the market average20.13% above the market average20.13% above the market average
3.51% above the sector average3.51% above the sector average3.51% above the sector average3.51% above the sector average3.51% 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 27-Jan-2020

Time Volume / Share Price
16:29 313 @ 110.00p
16:29 815 @ 110.00p
16:29 645 @ 110.00p
16:29 67 @ 110.00p
16:29 6,731 @ 112.50p

MACF Key Personnel

Finance Director John Love
CEO Peter Atkinson
Chair Stuart R Paterson

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