We create automation ecosystems that enhance manufacturing businesses
Mpac Group plc
2020 Full Year Results
March 2021
Introduction
Mpac Group plc is an international company listed on the London Stock Exchange, with a long and proud history of delivering innovation and excellence on a global basis.
Our business is focused on the creation of global manufacturing solutions that make and package the products millions of people worldwide depend on.
Agenda
01 Overview
Strategy and business model
Switchback acquisition
Covid-19case study
Sustainability
Financial review
Outlook
Appendices
2
Introduction: Tony Steels, CEO
"2020 has been a year like no other with the whole of society facing unprecedented challenges. Our priorities in the period were to ensure our facilities were made Covid-19 secure and to develop remote solutions to support our customers, while driving forward on our strategic aims, including the successful acquisition of Switchback''.
Mpac Group plc 2020 Full Year Results
3
Overview: 2020 full year summary
Covid-19resilience, agility and flexibility ensured Mpac continued to provide essential customer service support
Prior investment in expansion of Americas commercial footprint leveraged market strength
H2 Original Equipment quote activity, prospect pipeline and order intake returned to growth to pre- pandemic levels
Agility to adapt, use of remote servicing technology and development of digital service solutions delivered good strategic progress in Service business
Successful acquisition of Switchback - trading ahead of management expectations
Implementation of common business processes and successful roll out of Group Enterprise Resource Planning (ERP)
Exciting portfolio of new platform based products launched in the year
Restructuring and integration of the Coventry operations into the Tadcaster site
Order intake
£83.9m
(2019: £87.6m)
Revenue
£83.7m
(2019: £88.8m)
Underlying PBT
£6.3m
(2019: £7.5m)
Cash
£15.5m
(2019: £18.9m)
4
Overview: Ingenuity without limits
Who we are
Mpac Group plc is a global provider of full-line packaging and automation solutions to our customers in essential growth sectors.
We support 'all brands and all locations' with our global Service operation.
Full Year 2020 Sales by Sector (%)
Food
and beverage
Healthcare
£83.7m 42%
53% (2019:£88.8m)
Revenue
Pharmaceutical
5%
What we do
We understand our customers' needs to provide high-speed packaging and automation solutions, including, primary, secondary and end-of-line packing equipment with integrated monitoring solutions.
Our philosophy is 'ingenuity without limits'.
Our Sectors
Pharmaceutical
Food and beverage
Healthcare
We support our customers
With extensive expertise in
We help achieve better patient
pharmaceutical advances cost
dealing with powders to liquids,
outcomes through advanced
effectively, from inhaler
cereals to confectionary, our
products, processes and
assembly to transdermal
packaging machinery covers a
packaging formats. From contact
patches
wide range of applications
lenses to wound care products,
we've got it covered
Mpac Group plc 2020 Full Year Results
5
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MPAC Group plc published this content on 30 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 17:43:01 UTC.
Mpac Group plc is a United Kingdom-based packaging and automation solutions company. The Company is engaged in engineering and technology, designing, precision engineering, manufacturing, and supporting high-speed packaging equipment and solutions. Its segments include Original Equipment (OE) and Service. The OE segment is engaged in the making, packing and testing of packaging solutions, machinery and high-specification automation, secondary packaging equipment and at line instrumentation solutions. The Service segment is engaged in selling spare parts and providing service engineers and support staff to customers, enabling them to maximize the benefits of their packaging solutions, machinery and automation, secondary packaging equipment, end-of-line robotics and at line instrumentation solutions. It operates in the Americas, EMEA and Asia Pacific. It serves customers in sectors, including health and personal care/pharmaceutical, food and beverage, consumer goods and clean energy.