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Joe Aston

Pact Group gets out of hand sanitiser

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 is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news

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    Original URL: https://www.afr.com/rear-window/pact-group-gets-out-of-hand-sanitiser-20220216-p59x1x