Pact Group’s FY24 full year revenue dips $91M from the prior year
The company said this primarily reflected the loss of revenue from the Crates business, combined with some volume decline in Australia, New Zealand and China.
19 November, 2024Posts Tagged: Pact Group
Pact revenue dips by 4.7 per cent from previous corresponding period
In addition, its underlying EBITDA was down 4.2 per cent to $265.4 million, while its underlying NPAT was up 0.2 per cent to $44.9 million.
21 August, 2024
Pact calls for locally produced recycled plastic use in inquiry
Chairman Raphael Geminder said locally produced recycled material should not be undermined by cheap products imported by businesses seeking to comply with mandated requirements.
13 August, 2024Pact Group 2023 revenue up, but EBIT and NPAT down from PCP
Pact Group’s full year financial results for 2023 reports revenue growth of six per cent on the PCP to $1.949 billion but an underlying EBIT of $145 million (down seven per cent from the PCP) and an NPAT loss of $7 million
16 August, 2023Pact Group and Woolies extend partnership
Pact Holdings has extended its existing contract to own, operate, wash and store a crate pool for Woolworths Group for a further 10 years
2 August, 2023
Circular Plastics Australia (PET) recognised as sustainability leader
It has been named as one of The Australian Financial Review’s Sustainability Leaders for 2023 in manufacturing and consumer goods for its two PET plastic bottle recycling facilities
25 July, 2023
Aldi partners with Pact Group
The partnership will support Aldi’s transition to more sustainable packaging options and is expected to drive progress towards its ambition to achieve at least a 50 per cent inclusion of recycled material in packaging by 2025
5 July, 2023Pact Group’s EBIT and NPAT dip in 1H FY23 results
But the company’s managing director and group CEO Sanjay Dayal says it is seeing revenue growth with increasing demand for sustainable packaging
15 February, 2023Pact Group enters into sustainability-linked loans
In a first for an Australian-based manufacturing company, the business has reached an agreement to convert $420 million of existing loan facilities into sustainability-linked loans
22 November, 2022
Pact’s billion bottle recycling project wins sustainable award
Pact was awarded the Australian Institute of Project Management’s Sustainable Project Management Achievement Award for NSW for the $50 million Circular Plastics Australia (CPA) PET plastic recycling facility in Albury
16 November, 2022
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