StockMarketWire.com - Packaging company Mpac Group said it expected to post annual revenue and profits in line with market expectations, as sales growth continued in the second half.

One 'technically challenging' legacy contract in the UK had been resolved, while another problem contract in Canada was expected to finalised during 2019.

'We are pleased to report that sales growth continued in the second half of the year,' Mpac said.

Recent product launches were well recieved by customers and 'a number' of contracts were secured in the second half for delivery in 2019, it added.

'We are pleased to announce that sales and profit before tax are expected to be in line with market expectations, supported by a strong closing orderbook which will provide a platform for continued growth in 2019,' Mpac said.




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