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