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Pact Group may keep contract manufacturing unit

Simon Evans
Simon EvansSenior reporter
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Key Points

  • Revenue ($m) 894.4, up 1pc from year-earlier 885.1
  • Pre-tax profit ($m) 70.4 v 46.6
  • Net profit ($m) 49.9 v 34.8
  • Interim dividend (¢) 5.0 v nil, payable April 7

Pact Group, the packaging company controlled by Rich Lister Raphael Geminder, says it may keep its contract manufacturing business if a sale process which began almost a year ago doesn’t fetch an acceptable price tag.

Chief executive Sanjay Dayal said the company won’t be part of any fire sale.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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    Original URL: https://www.afr.com/companies/manufacturing/pact-group-may-keep-contract-manufacturing-unit-20210216-p5731m