StockMarketWire.com - Packaging company Mpac Group said current trading was ahead of its expectations and that it expected to post a full-year result 'significantly' ahead of current market forecasts.

Momentum gained in the latter months of 2018 had continued into the first half of 2019, the company said.

'Good progress has been made in delivering the significant value contracts won in 2018 and the financial performance of our services business is benefiting from the extended service model offered to our customers,' Mpac said.

'The current order book, year to date order intake and the volume of quotation activity provides the board with confidence in the prospects for the remainder of the year.'

'As a consequence of the above, the board anticipates that profit for the full year 2019 will be significantly above current market expectations.'



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