Macfarlane Group has reported sales growth of 26% to to £264.5m, versus 2020, while operating profit of £23.4m was up by 44%.
Results for the year ended 31 December 2021 also revealed a proposed final dividend of 2.33 pence per share, amounting to 3.20p per share for the year, compared to 2.55p per share the previous year.
While the Glasgow-based packaging business has benefited from this shift to e-commerce, it is industrial protective packaging for high-value, fragile items in the aviation, healthcare and industrial sectors, helped deliver a strong set of results.
