Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMacfarlane Grp. Share News (MACF)

Share Price Information for Macfarlane Grp. (MACF)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 140.50
Bid: 140.00
Ask: 141.00
Change: 0.00 (0.00%)
Spread: 1.00 (0.714%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 140.50
MACF Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Packaging Firm Macfarlane Buys Ecopac For Up To GBP3.9 Million In Cash

Tue, 07th May 2019 10:18

LONDON (Alliance News) - Packaging firm Macfarlane Group PLC said Tuesday it has acquired Ecopac (UK) Ltd for up to GBP3.9 million in cash.

Macfarlane will pay an initial GBP3.1 million in cash for the Buckinghamshire-based business, with the remaining up to GBP800,000 payable as an earn-out consideration.

For the year ended March 2018, Ecopac generated GBP500,000 pretax profit on revenue of GBP6.0 million. For comparison, Macfarlane generated GBP10.9 million pretax profit in calendar 2018 on revenue of GBP217.3 million.

"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", Macfarlane Chief Executive Officer Peter Atkinson said. "I am confident that the business will prove to be an excellent acquisition improving our geographic penetration and extending our customer reach."

Shares in Macfarlane were 4.6% higher at 106.48 pence on Tuesday.

More News
20 Aug 2015 15:10

Earnings, Trading Statements Calendar - Week Ahead

Read more
5 Aug 2015 11:23

Macfarlane Group acquires One Packaging for £2.75m

(ShareCast News) - Macfarlane Group has acquired One Packaging for £2.75m in a bid to develop its packaging distribution businesses. The initial £2m will be paid in cash from its borrowing facilities and the remaining £0.75m will be paid in the third quarter of 2016 depending on trading targets bein

Read more
5 Aug 2015 07:06

Macfarlane Acquires One Packaging For Up To GBP2.75 Million (ALLISS)

Read more
4 Jun 2015 05:11

Dividends Calendar - Week Ahead

Read more
3 Jun 2015 15:03

Dividends Calendar - Week Ahead

Read more
3 Jun 2015 05:14

Dividends Calendar - Week Ahead

Read more
2 Jun 2015 15:26

Dividends Calendar - Week Ahead

Read more
2 Jun 2015 14:55

Dividends Calendar - Week Ahead

Read more
2 Jun 2015 05:16

Dividends Calendar - Week Ahead

Read more
1 Jun 2015 15:35

Dividends Calendar - Week Ahead

Read more
1 Jun 2015 05:16

Dividends Calendar - Week Ahead

Read more
29 May 2015 15:10

Dividends Calendar - Week Ahead

Read more
29 May 2015 05:17

Dividends Calendar - Week Ahead

Read more
28 May 2015 16:26

Dividends Calendar - Week Ahead

Read more
11 May 2015 09:03

DIRECTOR DEALINGS: MacFarlane Non-Executive Director Buys Shares

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.