Pact’s delisting plans materialises; refinances debt
Majority of Pact’s shareholders voted in favour of the delisting, while the company secured $775M in refinancing of debt.
18 June, 2025Posts Tagged: Pact Group
Takeovers Panel makes determination on Pact Group’s minority shareholders’ claim
The Australian Government Takeovers Panel has declined to conduct proceedings on an application from Pact Group shareholders Jeremy Machet and Scrap Invest Pty Ltd, and Jeremy Raper, confirming that the company’s EGM on 12 June will vote on the delisting.
28 May, 2025Pact Group announces intent to delist from ASX
The company said a delisting would enable Pact to focus more on its business operations and on delivering on its long-term business objectives.
30 April, 2025
Pact and BlockTexx explore recycling solution for Australia’s fashion industry
The two companies have signed a memorandum of understanding to determine the feasibility of establishing an end-to-end solution for discarded polyester and cotton-blend clothes.
11 March, 2025Pact Group first half FY25 results “satisfactory”
Pact Group (ASX:PGH) has revealed its financial results for the first half of FY25, with its managing director and group CEO Sanjay Dayal saying the results are satisfactory.
4 March, 2025Pact 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, 2024Pact 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
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