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Pro-Pac Packaging Boosts Revenue Amid New Financing and Leadership Shift

6:34pm on Sunday 1st of June, 2025 AEST Packaging
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Pro-Pac Packaging Boosts Revenue Amid New Financing and Leadership Shift

6:34pm on Sunday 1st of June, 2025 AEST
Key Points
  • Revenue rose to $73.1 million, up $4.3 million from prior quarter
  • New $5 million asset finance facility and $13 million short-term loan secured
  • Ian Shannon appointed CEO and Managing Director in November 2024
  • Operating cash outflow of $6 million due to working capital increases
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