MACFARLANE GROUP PLC (MACF) — Interim results for the six months ended 30 June 2025

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the MACFARLANE GROUP PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time by the q and a tab situated on the right hand 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 all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And then I'd like to hand you over to CEO, Pete Atkinson. Good morning, sir. Thank you very much. Good morning, everybody, and welcome to today's review of MACFARLANE GROUP's first half results for 2025. I'm Peter Atkinson, the CEO, and I'm with my colleague, Iva Gray, who's our CFO. In terms of the agenda for today's meeting, I'll make some opening remarks in terms of an exec summary, and Iva will then take you through the key metrics for twenty twenty five first half. I'll cover off the two main divisions, the distribution and manufacturing division in terms of their individual performances, and then Ivor will take you through the pension scheme, capital allocation, and we'll finish up with some concluding remarks and take take questions. In terms of the introduction to the business for those who are maybe not familiar with MACFARLANE GROUP, we're a specialist business in the protective packaging market, and we supply customers across The UK and increasingly in Europe with a range of protective packaging products and solutions. And we're here to protect their products to the supply chain to ensure the products are effectively packed, stored, transported. Key key benefit we...