Mpac Group PLC (GB:MPAC) has released an update.
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Mpac Group PLC reports a strong start to 2024, with both revenue and underlying profit before tax surpassing last year’s figures, positioning the company to meet full-year market expectations. Despite anticipating a net debt position in the first half due to timing of orders and project milestones, Mpac expects to return to a net cash balance in the second half. Investors are assured of a more comprehensive trading update after the first half of 2024.
For further insights into GB:MPAC stock, check out TipRanks’ Stock Analysis page.
