UK's Macfarlane Group revenue slightly beats

Macfarlane

26/02/2026 07:20

Overview

UK packaging distributor's 2025 revenue rose 11%, slightly beating analyst expectations

Adjusted operating profit for 2025 beat analyst estimates

Packaging Distribution profits fell due to weak demand and increased costs

Outlook

Macfarlane anticipates challenging markets and competitive environment in 2026

Company aims to improve Packaging Distribution performance and recover Pitreavie

Macfarlane plans cost savings and sourcing model refinement in 2026

Result Drivers

WEAK DEMAND - Packaging Distribution profits fell due to weaker-than-expected demand and increased costs

STRONG MANUFACTURING PERFORMANCE - Manufacturing Operations, excluding Pitreavie, performed well due to Polyformes acquisition and strong sector demand

PITREAVIE INCIDENT - Pitreavie's performance was below expectations due to a tragic incident impacting operations

Company press release: ID:nRSZ4455Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
GBP 300.81 mln
GBP 300 mln (3 Analysts)
FY Net Income
GBP 6.32 mln
FY Adjusted Operating Profit
Beat
GBP 19.69 mln
GBP 19.10 mln (3 Analysts)
FY Operating Profit
GBP 12.50 mln
FY Pretax Profit
GBP 8.05 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

Wall Street's median 12-month price target for Macfarlane Group PLC is GBp97.50, about 37.3% above its February 25 closing price of GBp71.00

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)