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Mpac Group PLC ( (GB:MPAC) ) has issued an update.
Mpac Group PLC reported a successful FY24, with profits aligning with market expectations and substantial improvements in project margins and operational efficiencies. The company completed acquisitions of BCA Automation and CSi Palletising, diversifying its portfolio and enhancing its growth strategy. Despite net debt, Mpac’s strong order book and prospect pipeline position it favorably for future growth, with expectations for record revenue levels and continued strategic progression.
More about Mpac Group PLC
Mpac Group PLC is a global leader in the industry of high-speed packaging and automation solutions, focusing on sectors such as Healthcare and Food and Beverage. The company provides comprehensive product lines enhanced by recent acquisitions, strengthening its market presence and expanding customer relationships.
YTD Price Performance: -10.09%
Average Trading Volume: 66,394
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £152.8M
See more data about MPAC stock on TipRanks’ Stock Analysis page.
