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8e21e-gb-macfarlane-group-plc
MACFARLANE GROUP PLC
MACFARLANE GROUP PLC
Location
Founded
Website
https://www.macfarlanegroup.com
Articles
241 Articles
Category
Nondurable Goods, Not Elsewhere Classified
Business Services, Not Elsewhere Classified
Description
Macfarlane Group is a packaging company that has been in operation for around 70 years. It is listed on the main LSE market and has annual sales of approximately £264 million. The company has over 1,000 employees and operates in the UK, Ireland, and Continental Europe. Macfarlane Group has two main businesses: Packaging Distribution, which accounts for 89% of group sales and involves the distribution of protective packaging materials, and Packaging Design and Manufacture, which accounts for 11% of group sales and focuses on designing and manufacturing packaging products for high protection value items. The company serves various customer sectors, including internet retail, aerospace, logistics, automotive, and electronics. Macfarlane Group operates through regional distribution centers and manufacturing centers. It follows a decentralized structure for sales and operations, supported by central functional teams. The company is headquartered in Glasgow, Scotland, and is listed on the UK Stock Exchange.
Macfarlane Group PLC (LON:MACF) announced a dividend on Thursday, February 29th. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 2.65 ($0.03) per share on Thursday, May 30th. This represents a dividend yield of 2.15%. The ex-dividend date is Thursday, May 9th.
Macfarlane Group (LON:MACF – Get Free Report)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a research report issued to clients and investors on Monday, MarketBeat.com reports.
Energy supplier Centrica is investing more than £50m in 500 additional UK-based customer service roles in British Gas Energy, 1,000 engineering apprenticeships, and the British Gas Energy Support Fund which provides grants of up to £750 to help
Macfarlane Group, the Glasgow-headquartered protective packaging provider, is to invest in its core business after sealing the disposal of its labels operation employing more than 100 staff in a seven-figure deal.
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