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Insider UK
Insider UK
Business
Peter A Walker

Macfarlane Group reports sales revenue rise

Macfarlane Group has reported sales revenue so far this year 11% ahead of the same period in 2021, with weaker volumes being offset through the management of input price rises.

The protective packaging company's trading update for the period from 1 January to 31 October 2022 stated that its board expects full year results to be ahead of last year and in line with expectations.

Strategic progress is being made in Europe, following the acquisition of PackMann in May, while actions to improve productivity and streamline the operating footprint are being implemented.

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