MACFARLANE GROUP PLC (MACF) — 2024 Final Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the MACFARLANE GROUP PLC final results investor presentation. Throughout this recorded meeting, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the Q and A tab situated at the right corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review the questions submitted today and publish responses where it is appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to CEO, Pete Atkinson. Good morning to you, sir. Thank you, Alexandra. Good morning. I'm Peter Atkinson. I'm here with my colleague, Ivor Gray, to talk you through our 2024 results. Firstly, thank you for joining us. The agenda for the session this morning is as follows. Following a brief exact summary, we'll then talk through the financials and the cash flows for the year. We'll then get into a bit more detail and give you color around the business performances. That's our packaging distribution and our manufacturing business. And Ivo will then move to talk about the pension scheme update, and then we'll finish up with some conclusions and some summary remarks. The presentation that we're going to show you today will be on our website later this week for you to review review in a bit more detail. Before we talk about 2024, a quick reminder about the MACFARLANE business for those of you who are new to us. We're a specialist protective packaging distributor manufacturer. We have two divisions. We have a specialist division representing about 20% of our revenue that supports customers in the medical diagnostics, aerospace, automotive fields. An...