Macfarlane (GB:MACF) has released an update.
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Macfarlane Group PLC has reported resilient performance with a slight decline in revenue and profit before tax in the first half of 2024 compared to the previous year, citing challenges in market conditions. Despite this, the company has seen new business growth and has made strategic acquisitions, allowing for an improved adjusted operating profit margin. The Group remains optimistic about its positioning for future growth as the economic climate improves.
For further insights into GB:MACF stock, check out TipRanks’ Stock Analysis page.
