The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 142.00
Bid: 140.00
Ask: 141.50
Change: 1.50 (1.07%)
Spread: 1.50 (1.071%)
Open: 141.00
High: 142.00
Low: 140.50
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

SMALL-CAP WINNERS & LOSERS: Halfords on fast track as bike sales surge

Mon, 01st Mar 2021 11:08

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

----------

SMALL-CAP - WINNERS

----------

Halfords Group, up 19% at 345 pence, 12-month range 49.58p-352p. The car parts and bicycle retailer says trading has been "volatile" but stronger than expected as it guides to a sharp jump in annual profit. Cycling like-for-like sales in the period were up 43%. Halfords expects full-year underlying pretax profit to be around GBP90 million to GBP100 million, even after deciding to repay in full GBP10.7 million of furlough income received. For the financial year that ended April 3, 2020, underlying pretax profit amounted to GBP55.9 million.

----------

McColl's Retail Group, up 9.0% at 25.94p, 12-month range 14.26p-56p. The convenience store operator extended its partnership with blue-chip grocer Wm Morrison Supermarkets. In addition, Peel Hunt raised the stock to Buy from Hold. Morrisons was up 0.9%.

----------

Restaurant Group, up 9.0% at 118.65p, 12-month range 20.26p-119.71p. The Frankie & Benny's and Wagamama chains owner says it has signed commitments for GBP500 million of new debt facilities, consisting of GBP380 million term loan facility to 2026 and GBP120 million super senior revolving credit facility to 2025.

----------

Macfarlane Group, up 8.8% at 99.87p, 12-month range 61p-100p. The packaging and label company says it has acquired Wiltshire-based protective packaging manufacturing and distribution business GWP Holdings for GBP15.1 million.

----------

Speedy Hire, up 6.3% at 68p, 12-month range 34.6p-79.8p. The equipment rental firm says it has sold its equipment fleet, stock and other fixed assets relating to its Middle East business to ADNOC Logistics, for USD18 million. Notes trading since September 30 has been ahead of the board's expectations. Revenue has improved as activity levels have continued to increase and annual pretax profit is anticipated to be well ahead of current market expectations.

----------

SMALL-CAP - LOSERS

----------

Reach, down 1.2% at 236.50p, 12-month range 47.95p-246p. The newspaper publisher posts 2020 revenue of GBP600.2 million, down 15%. Digital revenue was up 11% but print was down 19%. Reach barely stayed in profit at the pretax level, reporting GBP400,000 in profit after GBP130.9 million exceptional items, down from GBP120.9 million in 2019. Reach will pay a 2020 dividend of 4.26p, up from 2.50p in 2019, after the 2019 final dividend was withheld due to Covid-19. Reach said current trading is in line with expectations.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
3 Oct 2019 16:04

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
2 Sep 2019 09:41

Macfarlane Buys Leyland Packaging In GBP3.3 Million Cash, Shares Deal

(Alliance News) - Packaging firm Macfarlane Group PLC said Monday it has acquired Leyland Packaging Co Ltd for up to GBP3.3 million in a cash and share deal.Macfarlane will pay an initial a

Read more
22 Aug 2019 11:30

Macfarlane Group wraps up first half of sales and profit growth

(Sharecast News) - Macfarlane Group reported a 5.4% improvement in its group turnover for the first half on Thursday, to £107.54m.

Read more
22 Aug 2019 10:02

Macfarlane Hikes Interim Payout As Results Rise Despite Weaker Market

(Alliance News) - Packaging firm Macfarlane Group PLC boosted its dividend Thursday after interim profit and revenue both grew despite a "weaker demand" backdrop.For the six ended

Read more
15 Aug 2019 15:59

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 16 August no events scheduled Monday 19 Advanced CommunicationsHalf

Read more
7 May 2019 16:02

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 8 MayGlaxoSmithKlineTen EntertainmentGrafton GroupMorgan Sindall Service 9

Read more
7 May 2019 13:48

Macfarlane buys packaging distribution business Ecopac for up to ?3.9m

(Sharecast News) - Packaging and label company Macfarlane has bought Buckinghamshire-based protective packaging distribution business Ecopac for up to £3.9m in cash.

Read more
7 May 2019 10:18

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

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 a

Read more
8 Mar 2019 08:19

TI Fluid Systems Hires Ex-AstraZeneca HR Boss Dunstan As Non-Executive

LONDON (Alliance News) - TI Fluid Systems PLC said Friday it hired former AstraZeneca PLC and Wincanton PLC executive Andrea Dunstan as a non-executive director at the liquid handling systems with

Read more
21 Feb 2019 10:19

Macfarlane Group shares slip after profits improve

(Sharecast News) - Macfarlane Group shares were down on Thursday morning, after it reported another year of "significant growth" in its 2018 annual results, with sales up 11% to £217.3m.

Read more
21 Feb 2019 09:50

Macfarlane Hikes 2018 Dividend Amid Jump In Profit, Revenue Growth

LONDON (Alliance News) - Packaging firm Macfarlane Group PLC hiked its 2018 dividend on Thursday after profit and revenue both jumped, with 2019 having started well with further profit 2018, 17% a

Read more
14 Feb 2019 16:11

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 15 February Royal Bank of Scotland GroupFull Year ResultsSEGROFull Year & Year

Read more
20 Nov 2018 13:21

Macfarlane Maintains First Half Momentum, Expects To Meet Forecasts

LONDON (Alliance News) - Packaging and label company Macfarlane Group PLC said Tuesday the momentum achieved in its first half has been maintained in the second half.In the period from June

Read more
28 Aug 2018 12:50

Macfarlane Group Appoints Andrea Dunstan As Non-Executive Director

LONDON (Alliance News) - Packaging and labelling firm Macfarlane Group PLC announced Tuesday the appointment of Andrea Dunstan as a non-executive director from Saturday.Dunstan was most at

Read more
23 Aug 2018 11:21

Packaging Acquisition Pushes Macfarlane Profit Up In First Half

LONDON (Alliance News) - Macfarlane Group PLC on Thursday posted an increase in profit in the first six months of 2018 with its acquisition of Almadon Ltd playing a significant role.In the

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.