We may well be witnessing the unwinding of the great hand sanitiser arbitrage.
On Wednesday, Ruffy Geminder’s packaging group Pact posted a 95 per cent fall in reported earnings for the first half despite top line growth of 3.8 per cent. Supply chain bottlenecks and rampant inflation are real, people.
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Joe Aston helmed The Australian Financial Review's Rear Window column from 2012 to 2023. Connect with Joe on Facebook and Twitter.
