London · Delayed Price · Currency is GBP · Price in GBX Macfarlane Group Earnings Call Transcripts
Fiscal Year 2026
-
H1 2026 saw early progress in profit recovery, with 2% revenue growth and improved margins in key segments despite ongoing market and regulatory headwinds. Dividend was maintained, net debt remains low, and a new share buyback program was announced.
Fiscal Year 2025
-
Revenue rose 11% year-over-year, mainly from acquisitions, but adjusted operating profit fell 28% due to margin pressure and higher costs. The Pitreavie incident impacted results, but recovery plans are in place, with profit growth expected in 2026 and a focus on cost control and organic growth.
-
Revenue rose 13% year-over-year, driven by acquisitions, but profitability fell 22% due to lower margins and higher costs. Second half is expected to improve with seasonal uplift, new business, and price increases, while M&A activity is paused until 2026.
Fiscal Year 2024
-
Revenue declined 4% year-over-year, but profit before tax rose 3% due to margin gains and cost control. Acquisitions and innovation drove growth, while the business maintained a strong balance sheet and prepared for regulatory headwinds in 2025.
-
H1 2024 saw an 8% revenue decline and 2% drop in profitability, but gross margins improved and new business revenue rose 10% year-over-year. Acquisitions and cost controls offset weak demand, and the outlook for H2 is stable with expected price inflation and further acquisition activity.