Updates

MPAC

February 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

MPAC’s trading update said H2 was strong and it expects to report a pretax profit at £10.5m, implying 48% year-on-year growth. Net debt at the end of December was £37m although there are also £8m in invoiced receivables due in January. Having bought BCA and CSi in September and December, the order book at the FY24 year-end grew significantly to £111m across healthcare and food & beverage verticals and provides coverage of >50% of this year’s forecast sales of £218m. Forecast EBIT is £19.5m (+68%) with a margin of 9% (-50bps YoY, reflecting the initial product mix post-acquisition) with pretax profit of £17.8m and EPS of 44.2p (+24%). Results are scheduled for release during the week beginning 28 April when it will flesh ou ...

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Liontrust

Yu Group

MPAC - Two large acquisitions will ensure forecast beat (November 2024)

MPAC - Enhances its US footprint with acquisition (October 2024)

Mpac (June 2024)

MPAC - Plans to double sales within five years (May 2024)

MPAC (April 2024)

Mpac (February 2024)

MPAC (August 2023)

Mpac (April 2023)

Mpac Group - Clean energy opportunity (February 2023)

Mpac (August 2022)

Mpac - Order intake in year >£100m (April 2022)

Mpac Group - Resilient performance for FY21 (February 2022)

MPAC - Lollies driving sales of packaging equipment in US (October 2021)

Mpac (August 2021)

Mpac (May 2021)

Mpac - Trading ahead of forecast (February 2021)

Mpac Group - Enters fast growing craft beer packaging market (October 2020)

Mpac - Noticeable resilience in healthcare sector (August 2020)

Mpac (April 2020)

Mpac - Meeting notes (March 2020)

Mpac - Five profit upgrades in FY19 (February 2020)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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