Macfarlane (GB:MACF) has released an update.
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Macfarlane Group PLC reports a 4% decrease in year-to-date revenue due to challenging market conditions, but offsets this with effective cost management and successful acquisitions. The company, supported by a strong balance sheet, remains focused on expanding its business through a robust acquisitions pipeline. With new business momentum and strategic financial management, Macfarlane is well-positioned for future growth once economic conditions improve.
For further insights into GB:MACF stock, check out TipRanks’ Stock Analysis page.