Orora’s OPS sale proceeds to fund organic Cans capacity expansion in QLD
Orora will also repay debt facilities and commence returning proceeds from the transaction to shareholders in the form of an on-market share buy-back.
17 December, 2024Posts Tagged: Brian Lowe
Orora goes into binding agreement to sell OPS business to Veritiv for $1.775B
Orora said the sale leaves it with a strong balance sheet, providing flexibility to pursue value accretive organic growth opportunities, including additional Cans expansion projects.
4 September, 2024Orora to potentially divest its Packaging Solutions business
The Orora Packaging Solutions business unit reported a loss of revenue by 10.8 per cent to US$1.954 billion (down 8.4 per cent to $2.981 billion on a reported basis).
14 August, 2024
Orora completes acquisition of Saverglass
Orora, leading manufacturer and distributor of sustainable, innovative packaging and visual solutions, has completed the acquisition of Saverglass, with the premium global glass business now formally part of the Orora Group
20 December, 2023
Orora acquires global high-end glass bottles manufacturer Saverglass
Orora has acquired Saverglass, one of the global leaders in the design, manufacturing, customisation and decoration of high-end bottles for the premium and ultra-premium spirit and wine markets
19 September, 2023
Orora makes a promise to the future with its sustainability goals
Orora has reported good progress on ‘Our Promise to the Future’ sustainability goals achieved in FY23, including significant improvements in the circular economy, climate change and community aspects
5 September, 2023Orora’s Australasia EBIT down 3.5%; US sees strong earnings growth
Its total sales revenue for the first half was $2.264 billion, up 13.9 per cent from the same time last year. Its NPAT was $108.1 million, up 7.8 per cent
8 March, 2023
Orora’s $25m glass beneficiation plant commences operation
The glass beneficiation plant in South Australia is expected to increase recycled content in glass products and boost the circular economy
19 October, 2022Orora delivers strong FY22 results with “robust earnings in Australia”
Reports a sales revenue of $4.09 billion, up 15.6 per cent from last year, and a statutory net profit after tax (NPAT) of $184.7 million, up 36.0 per cent YoY
24 August, 2022
Orora’s first half 2022 NPAT up 12.9 per cent
The sustainable packaging and visual solutions provider reported a sales revenue of $1.98 billion, up 9.6 per cent from the same time last year
18 February, 2022
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