We create packaging and automation ecosystems that enhance
businesses
Mpac Group plc
2022 Half Year Results September 2022
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 automated manufacturing solutions that make and package the products millions of people worldwide depend on.
Agenda
04 Overview
- Strategy and business model
- Case study: Innovation
- Case study: New customer
- Case study: Freyr
- Sustainability
- Financial review
- Outlook
- Appendices
Mpac Group plc 2022 Half Year Results | 2 |
Introduction: Tony Steels, CEO
"Delivering on our customer commitments has driven the first half performance, dealing with the short-term operational challenges of increasing inflation, supply chain disruption and softening of customer confidence due to geopolitical uncertainty. This is being managed and mitigated through proactive measures implemented by the Group. The Group's prospects remain strong, supported by long term growth factors in our resilient target end markets and the prior investment in innovation which has established Mpac as a market leader in high-speed automation and packaging solutions."
Mpac Group plc 2022 Half Year Results | 3 |
Overview: 2022 half year summary
- Progress made with FREYR Battery ("FREYR") towards exclusive supply of battery cell automation lines
- Good acquisition of new customers in healthcare and plant-based food
- Comprehensive effort to deliver on existing customer commitment, utilising prior investment in One Mpac business systems
- Appointment of Group Procurement Director providing senior management focus on our supply chain
- Implemented cost saving measures to mitigate supply chain disruption
- Launch of Mpac service product line, Mpac Cube
- Launch of Mpac Academy to develop future leaders and retain talent
Mpac Group plc 2022 Half Year Results
Order intake
£32.8m
(2021: £51.7m)
Revenue
£50.6m
(2021: £44.2m)
Underlying PBT*
£1.1m
(2021: £4.7m)
Underlying EPS*
3.6p
(2021: 18.3p)
* Underlying results are stated before pension related charges of | ||
£0.4m | (2021: £0.5m); amortisation of acquired intangible assets of | |
£0.8m | (2021: £0.9m); and other non-underlying items of £0.3m | |
(2021: £0.5m). | 4 | |
Overview: One Mpac
Whole Line
Using limitless ingenuity to align global manufacturing
- Global whole-line integration
- Streamlining processes and identifying efficiencies
- Creating opportunities for new products
Whole Life
Maintaining peak overall equipment effectiveness for the lifespan of machines
- Hands-onglobal experts providing local support
- Transformational digital services
Whole Planet
Helping businesses grow globally while embracing sustainability
- Next-generationmanufacturing for the next generation
- Building efficient machines to optimise businesses' performance and in turn, reduce the damaging effects on the environment
- Reducing transportation footprints with remote service assistance and smaller carton sizes
Mpac Group plc 2022 Half Year Results
Whole Line, Whole Life, Whole Planet
Mpac's offer to customers has been shaped by delivering against these three pillars.
The result is 'Automation Ecosystems'
'One Mpac'
All our products and services operating as 'One Mpac' to deliver Automated Ecosystems
High complexity and precision industrial automation | Highly efficient secondary and end of line packaging | Engineering and manufacturing equipment for the |
supporting medical and healthcare customers in | solutions for the Food & Beverage and Healthcare | canned beverage industry |
EMEA and Americas with device assembly and | sectors | |
automation |
Assembly | Filling & Dosing | Primary | Product handling | Cartoning | Tray forming | Case packing | Palletising |
packaging | and infeed |
Mpac Cube
We've folded the many sides of our automation Service support together to form the 'Mpac Cube'.
Propelling production goals through Connectivity, Productivity and Sustainability
5
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Disclaimer
MPAC Group plc published this content on 08 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2022 09:29:07 UTC.