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Capital & Financial MarketsPortfolio & Strategy 24 Jul 2026

Mpac Group completes Lambert disposal, reports 42.8% order intake rise in H1

Mpac Group has completed the sale of its Lambert business, receiving £16m of gross proceeds after the end of the first half, a move it says aligns the group around scalable, full-line packaging machinery. In half-year results for the six months to 30 June 2026, continuing-operations order intake rose 42.8% to £77.8m and the order book reached £80.5m, while underlying operating profit fell 46.8% to £4.2m on competitive pricing pressure and net debt eased to £43.5m by the end of August following the disposal proceeds.

Why this mattersThe disposal sharpens Mpac's focus on core packaging machinery while easing leverage, but shrinking margins signal persistent pricing pressure across its original-equipment business.

  • Mpac sold its Lambert business on 24 July 2026, receiving £16m gross proceeds after the half-year period end
  • H1 2026 order intake rose 42.8% to £77.8m from £54.5m in H1 2025
  • Order book stood at £80.5m at 30 June 2026 versus £76.2m a year earlier, and £82.5m currently, up 2.5%
  • Revenue from continuing operations was £71.0m in H1 2026 against £72.7m in H1 2025
  • Underlying operating profit fell 46.8% to £4.2m; the statutory loss before tax narrowed to £0.5m from £8.8m
  • Net debt was £54.0m at 30 June before the £16m Lambert proceeds, falling to £43.5m by the end of August 2026
Mpac Group
Sources uk.advfn.com tradingview.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-16 · Edited before publication: The 30.1% and 36.7% gross margin figures are not in either excerpt; the financial table gives underlying operating profit of £4.2m against £7.9m, down 46.8%. Substituted. Disposal-first ordering already complies with standing guidance.
  • 2026-09-16 · Edited before publication: All figures check out against the RNS (£16m proceeds, sale completed 24 July 2026, order intake £77.8m +42.8%, order book £80.5m and £82.5m now, revenue £71.0m, underlying EBIT -46.8% to £4.2m, statutory loss £0.5m, net debt £54.0m falling to £43.5m). Materiality 4 is reserved for core companies; Mpac is a followed name and the disposal is £16m, so 3.