Orora reports revenue, net profit surge for FY25 

AUSTRALIA – Orora reported strong financial performance for the fiscal year ending June 30, 2025, with revenue rising 24.4% to US$2.1 billion and statutory net profit after tax soaring 425.4% to US$973.1 million, including gains from discontinued operations. 

According to the leading beverage packaging provider, the results stem from strategic focus and operational improvements despite global economic challenges and tariff pressures.

The Cans division led growth, achieving a 12.1% revenue increase to US$776.9 million, driven by a 6% volume uptick, particularly in energy drinks and carbonated soft drinks. 

In a statement, Orora’s CEO Brian Lowe said, “We’ve seen strong demand in our Cans business, supported by capacity expansions.” 

Key developments included a new can line at Revesby, NSW, boosting capacity by 10%, and the start of construction on another line in Rocklea, Queensland, set for completion in 2026. 

The Helio digital can printer also came online at Dandenong, enhancing production capabilities.

Saverglass, Orora’s premium glass packaging arm, faced challenges with a 16.5% revenue drop to US$668.5 million due to global de-stocking and a shift to lower-value bottles. 

However, second-half volumes grew 9%, signaling recovery. Orora plans to close the F4 furnace in Le Havre, France, consolidating production to its Ghlin facility in Belgium by mid-2026 to optimize operations.

At the Gawler Glass facility in South Australia, revenue edged up 1.5% to US$285.4 million, but earnings fell 54% to US$25.4 million due to a US$184 million G3 furnace rebuild and declining wine and beer demand. 

The rebuild, completed in December, cut emissions by 30%. To address market shifts, Orora will close the G1 furnace in September 2025, reducing jobs by 85 to improve efficiency. 

Lowe noted, “The transition to a two-furnace operation at Gawler responds to changing market trends, ensuring competitiveness.”

Orora advanced its sustainability goals, achieving 59.5% recycled content in Gawler’s glass bottles, nearing its 60% target by year-end, and 78% in cans. 

Scope 1 and 2 emissions dropped 19% since 2019. The company also completed the US$1.8 billion sale of its Orora Packaging Solutions business, funding a US$127 million share buyback and debt reduction.

A recent update indicates Orora’s new can line in Revesby is now fully operational, further boosting production capacity. 

Looking ahead, Orora expects steady growth in its Cans division and a recovery in Gawler’s earnings to around US$30 million in 2026, driven by improved efficiency and new product categories.

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