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Pro-Pac Packaging Extends $13M Bennamon Facility Amid Revenue Dip

3:58am on Monday 2nd of June, 2025 AEST Manufacturing
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Pro-Pac Packaging Extends $13M Bennamon Facility Amid Revenue Dip

3:58am on Monday 2nd of June, 2025 AEST
Key Points
  • March quarter revenue fell to $62.5 million, down $6.2 million year-on-year
  • Extended $13 million Bennamon short-term finance facility to March 2026
  • Operating cash flow negative $4.3 million, partially offset by reduced capital expenditure
  • Strategic review ongoing with focus on profitability and capital allocation
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