Macfarlane Group (LON:MACF) Releases Quarterly Earnings Results

Macfarlane Group (LON:MACF) released its earnings results on Thursday. The company reported GBX 3.99 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%.

Macfarlane Group Trading Down 0.3%

Shares of MACF traded down GBX 0.20 during mid-day trading on Thursday, reaching GBX 70.80. The company had a trading volume of 3,693,131 shares, compared to its average volume of 439,607. Macfarlane Group has a fifty-two week low of GBX 61.60 and a fifty-two week high of GBX 122. The firm has a fifty day simple moving average of GBX 72.13 and a 200-day simple moving average of GBX 78.73. The stock has a market cap of £110.97 million, a price-to-earnings ratio of 9.40 and a beta of 0.68. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58.

Macfarlane Group Company Profile

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.