Latest Packaging News

Orora reported a solid FY25 with EBIT up 9.5% and NPAT rising 18%, driven by full-year Saverglass contribution and robust cans volume growth. The company completed its portfolio transformation by divesting OPS and is investing heavily in cans capacity amid a challenging global environment.

Orora Limited reported a 24.4% increase in FY25 revenue to A$2.09 billion, marking the completion of its strategic portfolio reshaping with the sale of its North American packaging business. The company advances sustainability targets while maintaining steady dividends and a share buyback program.

Pro-Pac Packaging reported a modest revenue increase to $62.8 million in Q4 FY25, secured a new $3 million loan facility from major shareholder Bennamon Ltd, and received a $3.5 million government grant for a recycling project facing delays.

Pact Group Holdings has completed a $775 million refinancing of its senior and subordinated debt, extending maturities and reducing near-term refinancing risk while maintaining growth capacity.

The Takeovers Panel has declined to investigate applications challenging Pact Group Holdings’ proposed delisting, signaling regulatory acceptance of the move. The decision clarifies the Panel’s jurisdiction and leaves the delisting process on track.

Orora Limited has unveiled a strategic update highlighting robust growth in its beverage packaging segments, underpinned by strong cans volume expansion and targeted glass network optimisations. The company projects steady earnings and disciplined capital allocation through FY25 and beyond.

A significant shareholder has lodged an application with the Takeovers Panel challenging Pact Group Holdings’ proposed delisting from the ASX, alleging misleading reasons and coercion of minority investors.

An application to the Takeovers Panel challenges Pact Group Holdings’ planned ASX delisting, citing concerns over shareholder disadvantage and selective disclosure.

Amcor has completed its transformative merger with Berry Global ahead of schedule, reporting steady Q3 fiscal 2025 results and setting ambitious synergy targets that promise to reshape its growth trajectory.

Pro-Pac Packaging reported a $6.2 million revenue decline for the March 2025 quarter and extended a key $13 million short-term finance facility with Bennamon Pty Ltd to March 2026, while continuing a strategic review focused on profitability and funding.

Pact Group Holdings reports a modest 2.7% revenue increase for Q3 FY25, driven by higher volumes and cost savings, while preparing to refinance debt and review its Asian packaging business.

Pact Group Holdings has announced its intention to voluntarily delist from the ASX, citing a concentrated shareholder base, low liquidity, and high regulatory costs. Shareholder approval will be sought at an extraordinary general meeting in June 2025.