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      Businesses welcome Tory pledge to restore tax-free shopping

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Mpac Group

  • Mpac Group hails profit surge as expansion strategy pays off

    Business

    Packaging automation company Mpac Group has reported a jump in revenue as “sound foundations” laid in 2023 begin to pay off. The London-listed company, which is headquartered in Coventry, saw its sales increase to £60m in the six months ending June 30, 2024, up from £52.8m in the same period last year – an increase of [...]

    Mpac saw its pre-tax profit surge to £3.3m during the first six months of 2024.
  • UK packaging firm expects profit to rise again amid 140 per cent rally

    Tech

    The UK-headquartered group reiterated that it expects full year underlying profit before tax to be weighted towards the second half of the year.

    The stock has soared 140 per cent over the past year and over 96 per cent year to date after doubling its pre-tax profit in 2023.

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