Mpac Group’s (LSE:MPAC) stock plummeted 26.8% on Tuesday after the packaging and automation firm issued a warning about its revenue outlook. The company now anticipates that its fiscal 2025 revenue will fall well short of earlier projections.
Mpac pointed to ongoing tariff uncertainties as the primary reason behind postponed customer orders during the second quarter. These order delays are expected to negatively affect the company’s revenue performance in the latter half of the year.
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