Latest Share Chat

Mpac Group Plc Share News (MPAC)

Mpac Group Plc Information

Buy MPAC Shares
Add MPAC to Watchlist
Add MPAC to Alert

Share Price Information for Mpac Group Plc (MPAC)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 440.00

Bid: 435.00

Ask: 445.00

Change: 0.00 (0.00%)

Spread: 10.00 (2.299%)

Open: 440.00

High: 440.00

Low: 440.00

Prev. Close: 440.00

Last checked at -

Mpac sees FY profits topping expectations

Thu, 07th Jan 2021 09:03

(Sharecast News) - Packaging and automation solutions group Mpac expects to report full-year underlying pre-tax profits ahead of market expectations.
Mpac said on Thursday that trading continued to be "resilient", given that the firm serves essential healthcare, food, and beverage markets, deploying digital technology to mitigate travel restrictions despite continued headwinds from the Covid-19 pandemic.

The AIM-listed group stated its outperformance was driven by both better than expected margins in the fourth quarter, driven by sector mix, and the earnings accretive acquisition of Switchback Group back in September.

Mpac highlighted that its order book remained "strong" going into 2021 at £55.5m and added that, to date, no orders had been cancelled due to Covid-19.

As of 0900 GMT, Mpac shares were up 9.65% at 460.55p.

More News

5 Sep 2019 11:42

Mpac Group Looking For More Deals Following Strong Interim Results

(Alliance News) - Packaging and automation services firm Mpac Group PLC on Thursday swung to an interim profit following strong revenue growth.Mpac's revenue for the six months to June

16 Jul 2019 10:32

Mpac 2019 Profits To Be Ahead Of Market Expectations

(Alliance News) - Mpac Group PLC expects profit for the 2019 financial year to be "significantly" above market forecasts, the packaging solutions firm said on Tuesday.Shares in up

1 May 2019 09:54

Mpac pays £15m for Lambert Automation as it continues to trade well

(Sharecast News) - Packaging company Mpac Group has acquired the entire issued share capital of Lambert Automation for an initial consideration of £15m cash, it announced on Wednesday, with further deferred and earn-out consideration possible in the future.

1 May 2019 09:18

Mpac Trades In Line; Acquires Lambert Automation For GBP15 Million

LONDON (Alliance News) - Mpac Group PLC on Wednesday said it bought Lambert Automation Ltd for GBP15 million in cash, while reporting good progress in the trading performance for 2019.Mpac

25 Apr 2019 16:05

UK Shareholder Meetings Calendar - Next 7 Days

Friday 26 April AstraZenecaAlfa Financial 29 AprilThomas Cook Group (re remove borrowings

5 Mar 2019 11:45

Mpac Group Sinks To Loss In 2018 As Administrative Costs Almost Double

LONDON (Alliance News) - Mpac Group PLC said Tuesday it swung to a loss in 2018 but believes it has made "sound progress" in the year with revenue increasing almost 10%.In 2018, a

26 Feb 2019 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 27 February ITVFull Year ResultsRio TintoFull Year Results (at 0600 James's

7 Jan 2019 11:26

Mpac expects profits to meet expectations following strong end to trading year

(Sharecast News) - Packaging solutions firm Mpac anticipates its annual pre-tax profits and sales will come in line with expectations following a strong end to the trading year.

7 Jan 2019 09:22

Mpac Expects 2018 Profit In Line With Market Views After Strong End

LONDON (Alliance News) - Mpac Group PLC said Monday it expects annual pretax profit and sales for 2018 to be in line with market views after a strong end to the year.The packaging solutions

1 Nov 2018 13:22

Mpac Appoints Ex SIG Finance Director As Non-Executive Director

LONDON (Alliance News) - Packaging firm Mpac Group PLC said Thursday it appointed Doug Robertson as non-executive director with immediate effect.Robertson was finance director at SIG PLC in

6 Sep 2018 17:30

DIRECTOR DEALINGS: Mpac Chief Executive Tony Steels Buys Shares

LONDON (Alliance News) - Mpac Group PLC said Thursday that Chief Executive Officer Tony Steels bought GBP24,618 worth of shares in the packaging company.The CEO acquired 18,650 shares in at

6 Sep 2018 12:14

Mpac Interim Revenue Rises But Loss Widens On Legacy Contract Delays

LONDON (Alliance News) - Mpac Group PLC on Thursday said its loss widened in the first half of 2018, hurt by delays in two legacy contracts.The packaging firm said its pretax loss widened a

6 Sep 2018 09:16

MPAC Group posts a loss as 'uncertainty' slows business

(Sharecast News) - Packaging firm MPAC Group on Thursday swung to a first half loss but its board remain positive due to an order book "broadly in line" with the level seen a year ago.

30 Aug 2018 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 31 August Cathay International HoldingsHalf Year ResultsOld MutualHalf Year Year 3

3 May 2018 17:46

Mpac Group Finance Head Jim Haughey Steps Down For Personal Reasons

LONDON (Alliance News) - Packaging company Mpac Group said on Thursday Head of Finance Jim Haughey is to leave the company for "personal reasons".The group will start the search a

Latest Share Chat

Mpac Group Plc Share News (MPAC)

Share Price Information for Mpac Group Plc (MPAC)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Mpac sees FY profits topping expectations

Login to your account

Quickpicks are a member only feature

Login to your account