Mpact – 1H FY21 Results

by | Aug 10, 2021 | Packaging

Key message: Volumes recover well with paper margins boosted from switching low-margin paper exports to the local market. Some cost pressures should be recovered through price increases in 2H. Mpact released 1H FY21 results. Revenue increased 16.3% on a 13.2% increase...

Nampak 1H FY20 Results

by | Jun 4, 2020 | Packaging

Key message: Weakness in all regions before any Covid-19 impact means cash flows remain under pressure, and currency liquidity in Angola and Nigeria is deteriorating. Debt covenants remain a concern, with a relaxation most likely required for year-end.   Nampak...