PPG pro-pac packaging limited

Aug 23 (Reuters) - Pro-Pac Packaging Ltd (PPG) : TRADING...

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    Aug 23 (Reuters) - Pro-Pac Packaging Ltd (PPG) :

    • TRADING ENVIRONMENT REMAINS CHALLENGING IN A HIGH INFLATIONARY MARKET
    • WILL MAINTAIN A STRONG FOCUS ON REDUCING COSTS
    • FLEXIBLES BUSINESS HAS SECURED ARNOTTS CONTRACT FOR THEIR FLEXIBLE PACKAGING REQUIREMENTS, WHICH WILL BENEFIT FY24.
    • EXPECT OUR INCREASED PROFITABILITY TO CONTINUE INTO NEW FINANCIAL YEAR
    • SEES IMPROVED POSITIVE PRE-AASB 16 EBITDA FOR FY24.
    • SERVICE DELIVERY HAS IMPROVED IN YEAR, WHICH IS EXPECTED TO ALLOW FOR BUSINESS DEVELOPMENT OPPORTUNITIES IN FY24
 
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