Pact 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, 2023Posts Tagged: Sanjay Dayal
Pact 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
Pact Group recognised as one of Australasia’s most innovative companies
Since 2013, Pact has featured in the Australian Financial Review BOSS Most Innovative Companies list every year for a range of its efforts
26 October, 2022
Updated sustainability journey for Pact Group
Pact Group has released its updated sustainability journey in its 2022 Annual Report, identifying its latest initiatives to reduce emissions
12 October, 2022Pact Group FY22 revenue up, but profits down
The company’s reported revenue was almost $1.84 billion for the year but its underlying EBITDA was $156 million (down 15 per cent) and its underlying NPAT was $70 million (down 25 per cent)
17 August, 2022
Woolworths and Pact in proposed partnership to boost recycled packaging
Woolworths Group is looking to establish Pact as its key strategic partner by volume in its efforts to deliver more sustainable packaging across its own brand range
27 July, 2022Challenges in contract manufacturing leads to loss for Pact Group
Pact Group has revealed its FY22 first half results ending 31 December 2021, announcing a loss of $21 million from a profit of $50 million in the previous corresponding period
18 February, 2022
Victoria to house new $50m PET recycling plant
Pact Group, Cleanaway, Asahi Beverages, and Coca-Cola Europacific Partners (CCEP) have joined forces to build a new largest of its kind PET plastic recycling facility in Melbourne’s west
19 January, 2022Federal Govt invests $20M in Pact Group
Pact Group has received $20 million in government funding to support its investment in technology that will help meet the demand for sustainable packaging
22 November, 2021
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