Economy & Financial Results
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JK Paper acquires Borkar to enhance packaging portfolio amid profit challenges
With this acquisition, JK Paper aims to become a top three player in the folding cartons market.
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Ardagh Group unveils major recapitalization to slash debt, shift ownership
Glass and metal packaging businesses to remain within Ardagh Group, equity ownership of which will Transfer to noteholders
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TAILIM Packaging launches eco-friendly corrugated boxes
Tailim focuses on sustainable box innovation while aiming for a financial rebound.
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Mpact sees 15% dip in EBITDA, operating profit drops 26% amid tough trading conditions
The company cites weak consumer demand and global trading pressures, despite a slight revenue increase and progress on strategic projects.
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India’s Manjushree Technopack delivers strong FY25 performance, eyes sustainable growth despite IPO withdrawal
The company’s focus on sustainability and strategic acquisitions positions it well for future growth.
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Sappi Posts US$20M loss amid shutdowns, weak global demand
The decline was primarily attributed to extended maintenance shutdowns.
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UFlex Q4 FY25 revenue rises 10.8% YoY to US$467M
Strong full-year performance driven by higher volumes, pricing strategy, and operational efficiency.
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Nampak to announce positive interim results despite challenging consumer environment
The company reported a 22% increase in trading profit and a 7% rise in operating profit compared to the prior year.
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Financial roundup: Supremex, Canfor Pulp report declines in Q1FY25 revenue
The adjusted EBITDA margin decreased to 12.6%, from 14.3% a year earlier.
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Cascades reports 21% rise in Q1 FY25 EBITDA despite volume decline
The improvement was largely driven by better pricing, particularly in the packaging products segment, and a stronger U.S. dollar.