The Macfarlane Group is a holding company with interests in food production, packaging and distribution. It is headquartered in Glasgow, Scotland and has operations in the United Kingdom, Europe and North America. The company was founded by Robert Macfarlane in 1873.
The Macfarlane share price is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Macfarlane Group PLC (LON: MAC) shares are down 3.3% on Thursday morning after the group announced its half-year results.
Adjusted operating profit for the six months ended 30 September 2019 was £1.8 million, down from £2.1 million in the same period last year. Adjusted earnings per share also fell, from 5.0p to 4.4p.
Revenue for the period was up 2% to £93.9 million, but this was offset by higher costs, including an increase in staff costs and a rise in provisions for customer debts.
Treatt Share Price Today
The global ingredients solutions company Treatt is listed on the London Stock Exchange and today (17 March 2020) its share price was 585.5p. This is an increase of 1.47% from yesterday’s close of 577.5p. The company’s market capitalisation is £247 million.
Treatt provides innovative ingredient solutions to the flavour, fragrance and consumer goods industries worldwide. Its products are used in a wide range of applications, including beverages, confectionery, cosmetics and personal care products.
The company has a long history dating back to 1886 when it was founded in Yorkshire, England.
It has been through many changes over the years but has always remained true to its core purpose of providing high-quality ingredients that make everyday products taste and smell better.
Today, Treatt is a global business with operations in Europe, North America and Asia Pacific. It has a team of over 400 people dedicated to creating new ingredient solutions that meet the ever-changing needs of its customers around the world.
Credit: www.packagingnews.co.uk
What is the Macfarlane Share Price
The Macfarlane share price is $1.50.
How Has the Macfarlane Share Price Performed Over Time
The Macfarlane Group is a publicly traded company on the Australian Stock Exchange (ASX) with the stock code MFY. Its share price has had ups and downs over time, but has generally trended upwards since it was first listed in 1994.
In 1994, the Macfarlane Group’s share price was $1.00.
It rose to $2.00 in 1996 and then fell back to $1.50 in 1997. In 1998, the company split its shares 1-for-5, which had the effect of halving the share price to 50 cents each. The shares then recovered and reached a high of $2.80 in 2000 before falling back again to around $1.60 in 2002.
Since then, the Macfarlane Group’s share price has been on an upward trend, reaching $4.40 in 2007, $6.00 in 2009 and $8.60 in 2011. The company underwent another share split in 2012, this time 3-for-5, which had the effect of reducing the share price to around $5.70 each.
What Factors Influence the Macfarlane Share Price
Macfarlane Group is a publicly traded company on the Australian Securities Exchange (ASX). Its share price is influenced by a variety of factors, both internal and external to the company.
Internal factors that can influence Macfarlane’s share price include its financial performance, corporate governance practices, and any major changes to its business model or strategic direction.
For example, if Macfarlane were to release strong quarterly results or announce a new partnership with a major retailer, this could cause its share price to rise. On the other hand, if Macfarlane were to report poor financial results or be subject to negative media coverage, this could lead to a decline in its share price.
External factors that can impact Macfarlane’s share price include general economic conditions, changes in consumer spending patterns, competitor activity and global events.
For instance, if there is an economic downturn or consumers shift away from buying non-essential items like homewares, this could hurt Macfarlane’s sales and earnings and lead to a decline in its share price. Alternatively, if one of Macfarlane’s competitors launches a successful new product line or expands into new markets, this could put pressure on Macfarlane’s market share and result in a fall in its share price.
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Conclusion
The Macfarlane Group is a leading provider of packaging products and services in the United Kingdom. The company has been listed on the London Stock Exchange since 1988. The Macfarlane share price has performed well in recent years, rising from a low of around £1 per share in early 2009 to a high of over £4 per share in early 2018.
Despite this strong performance, the shares have fallen back to around £3.50 in recent months amid concerns about the UK economy and Brexit.
