Macfarlane Group (MACF)

Sector:

Support

Index:

FTSE Small Cap

83.80p
   
  • Change Today:
    -0.60p
  • 52 Week High: 113.50
  • 52 Week Low: 63.50
  • Currency: UK Pounds
  • Shares Issued: 157.81m
  • Volume: 26,268
  • Market Cap: £132.25m
  • RiskGrade: 145

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 83.80p
Change Today -0.60p
% Change -0.71 %
52 Week High 113.50
52 Week Low 63.50
Volume 26,268
Shares Issued 157.81m
Market Cap £132.25m
RiskGrade 145

MACF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.5% below the market average54.5% below the market average54.5% below the market average54.5% below the market average54.5% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Price Trend
19.75% below the market average19.75% below the market average19.75% below the market average19.75% below the market average19.75% below the market average
6.09% below the sector average6.09% below the sector average6.09% below the sector average6.09% below the sector average6.09% below the sector average
Income
15.93% below the market average15.93% below the market average15.93% below the market average15.93% below the market average15.93% below the market average
4.11% above the sector average4.11% above the sector average4.11% above the sector average4.11% above the sector average4.11% above the sector average
Growth
25.55% above the market average25.55% above the market average25.55% above the market average25.55% above the market average25.55% above the market average
9.26% above the sector average9.26% above the sector average9.26% above the sector average9.26% above the sector average9.26% 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 Interim
Ex-Div 10-Sep-20 19-Sep-19
Paid 08-Oct-20 10-Oct-19
Amount 0.70p 0.69p

Trades for 30-Sep-2020

Time Volume / Share Price
16:38 7,500 @ 83.50p
16:08 2,500 @ 83.96p
14:08 1,268 @ 83.80p
12:08 15,000 @ 83.29p

MACF Key Personnel

Finance Director John Love
CEO Peter Atkinson
Chair Stuart R Paterson

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