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Company

Macfarlane Group PLC

LON:MACF

Macfarlane Group is a manufacturer and distributer of packaging consumable products. Headquartered in Glasgow, Scotland, Macfarlane Group employs 750 people at 22 sites, principally in the UK and Ireland, servicing more than 16,000 customers, in a wide range of sectors including: consumer goods; logistics; electronics; food manufacturing and retailing; internet and home retailing.  

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2015 ahead expectations; 2016E modest upgrades

Macfarlane Group is the leader in its chosen market, generates cash, is seeing steady 3-5% organic growth, indeed 2015 saw growth towards the upper end of that range, at 4.5%. Overall sales growth 2015 has been 9.9% (translating to PBT +20.

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