Macfarlane Group Posts Revenue Growth but Profit Declines in H1 2025

Macfarlane Group PLC (LSE:MACF) has released its interim results for the first half of 2025, reporting a 13% rise in revenue to £146.6 million year-on-year. Despite the top-line growth, profitability came under pressure, with adjusted operating profit down 22% and profit before tax falling 49%, reflecting ongoing economic challenges and weaker performance in the Distribution division.

In contrast, the Manufacturing Operations division delivered a more resilient performance, supported by acquisitions and robust demand from defense and aerospace customers. Management remains confident about the second half of the year, anticipating improvements from seasonal trading patterns and cost-control initiatives, alongside efforts to drive synergies across the business.

About Macfarlane Group PLC

Headquartered in Glasgow, Macfarlane Group PLC is a leading UK packaging company operating through two core divisions: Packaging Distribution and Manufacturing Operations. The group runs 43 sites across the UK, Ireland, Germany, and the Netherlands, serving over 20,000 customers. Listed on the London Stock Exchange, Macfarlane works with more than 1,700 suppliers and offers a product range of over 600,000 items, catering to sectors including retail e-commerce, consumer goods, and aerospace.

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