NewsBite

Pact Group may keep contract manufacturing unit

Simon Evans
Simon EvansSenior reporter
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
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
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Manufacturing

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/manufacturing/pact-group-may-keep-contract-manufacturing-unit-20210216-p5731m