- Packaging group Mpac swung to a profit after it sold an asset and narrowed its focus to the healthcare, food and beverages sectors.

Pre-tax profit of £4.3m compared to a £3.1m loss in 2016.

The company did not declare a final dividend.

'The company entered 2018 with a stronger order book than a year before, and with a greater focus, progress continues in the development of the continuing operations,' chief executive Tony Steels said.

'With order intake and sales both strongly ahead of last year the group's future prospects remain positive.'

At 9:23am: [LON:MPAC] Mpac Group Plc share price was -1.5p at 177.5p

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