News: PGH Pact Group Holdings Says FY Net Profit Attributable Down 86.1% To A$12.2 Million

Aug 17 (Reuters) - Pact Group Holdings Ltd (PGH) :

• FY NET PROFIT ATTRIBUTABLE DOWN 86.1% TO A$12.2 MILLION
• FY REVENUE AND OTHER INCOME FROM ORDINARY ACTIVITIES UP 4.4% TO A$1.86 BILLION
• DECLARES FINAL DIVIDEND 1.50 AU CENTS PER SECURITY
• FY UNDERLYING NPAT DOWN 25.0% TO A$70.2 MILLION
• EXPECTS ONGOING SUPPLY CHAIN DISRUPTION, COST INCREASES ACROSS MOST SPEND CATEGORIES AND VOLATILE LABOUR AVAILABILITY
• FORECAST UNDERLYING EBIT TO GROW SLIGHTLY IN FY23
• SEES SUPPLY CHAIN AVAILABILITY ISSUES, RISING RAW MATERIAL COSTS AND ELEVATED ENERGY PRICES TO REMAIN THROUG H1 2023 FINANCIAL YEAR
• SUPPLY CHAIN AVAILABILITY ISSUES, RISING RAW MATERIAL COSTS AND ELEVATED ENERGY PRICES TO NORMALISE IN H2 FY23