Economy & Financial Reports
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Elopak’s Q2 EMEA revenue rises 7.9% as Americas margin hits 22.9%
EMEA carton and closure revenue rose 7.9% year-over-year, driven by Pure-Pak UHT dairy growth and Roll Fed expansion across Central and Eastern Europe.
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Cherat Packaging annual profit surges 83% to US$2.34M
Strong performance, driven by robust packaging demand and effective operations, positions Cherat Packaging for continued growth ahead.
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Sappi’s Q3 sales hold at US$1.3B as cost cuts offset graphic paper decline, pulp headwinds
The company expects a stronger Q4, with management focused on strengthening the balance sheet and improving financial performance.
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Nampak Zimbabwe’s 9-month revenue hits US$67.8M as 16% volume growth defies pricing pressures
Subdued metal packaging demand, raw-material supply snags, and commercial carton pressure from customers moving in-house weighed on results.
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Amcor’s Q4 adjusted profit surges 40% to US$570M as Berry integration drives US$1.8B full-year earnings
Konieczny noted the company is encouraged by business momentum and the increased growth potential following the transformative Berry acquisition.
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Beta Glass’s US$50M H1 revenue surges 13.8% as dynamic pricing targets margin recovery
Higher inbound logistics and raw material costs pressured margins in the quarter.
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Cascades Q2 profit beats forecasts on 9% packaging volume surge
Packaging volumes beat forecasts, total shipments up 9% sequentially, boxes +6%, external paper +11%. CEO Hugues Simon said fiber rolls are “extremely tight” as demand outstrips shipping capacity.
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Graphic Packaging’s Q2 profit plunges 77% to US$24M as inflation and pricing pressures offset resilience
CEO Robbert Rietbroek, who took over earlier this year, said the company delivered solid Q2 results, with adjusted EBITDA at the top of guidance, despite higher-than-expected inflation, while staying on track with its near-term priorities.
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International Paper’s Q2 loss deepens to US$12M as US$127M maintenance costs, EMEA weakness offset packaging volume gains
The company has announced over US$210 million in EMEA cost-saving measures, including 31 facility closures and net reductions of more than 3,000 positions.
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Lifezone Metals posts US$6.9M H1 loss as Kabanga Nickel Project advances procurement, PGM Recycling achieves >99% recovery
The US$10.8 million increase in G&A expenses was primarily attributable to $3.1 million in non-cash share-based compensation.