Macfarlane Group reported interims on 25th August. It is the leader in its chosen market, generates cash, is seeing estimated 3% organic sales growth this year and next and EBITA margins are exhibiting a modestly upward trend.
The acquisition - described by Macfarlane Group chief executive Peter Atkinson as “another significant step forward in our growth strategy” - follows the addition of Colton Packaging in April and the packaging business of Edward McNeil in May.
Macfarlane Group PLC logo Macfarlane Group PLC (LON:MACF) announced a dividend on Thursday, August 25th. Investors of record on Thursday, September 22nd will be given a dividend of GBX 0.55 ($0.01) per share on Thursday, October 13th.
The experienced portfolio director and corporate financier is currently chair of Macfarlane Group plc and sits on the board of the Scottish Futures Trust (SFT) and the Court of the University of Glasgow among a number of organisations.
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