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Nampak says that some of its factories remain operational during the 21-day lockdown.
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Novus CEO Keith Vroon has resigned with effect from 15 June 2018, the printing and packaging company has announced.
Mondi, manufacturer of packaging for products from coffee beans to industrial chemicals, says third-quarter profit rose 3% and that prices of key products may improve next year.
Mondi has agreed to buy 90% of Turkey’s Kalenobel, which makes consumer packaging for ice cream and other products, for about $101m.
Astrapak, which is mid-way through a five-year turnaround strategy, has posted attributable profit of R20.1m and profit per share at 16.6c from a loss of 43.2c.
Drab olive cigarette packs bearing a prominent quit-smoking helpline number, have caused more people to become interested in quitting.
Nampak headline earnings per share is down more than two-thirds for the financial year ended September 30, 2019.
The cost of load-shedding, increases in material prices and a weaker order book also hurt its bottom line.
You can now bring your own containers to fill up on loose veg and fruit at the store.
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Packaging company Nampak has posted a 2% revenue increase to R8.8bn in earnings for the six months to end-March 2018.
Packaging company Astrapak’s results were lower than expected, although the operating performance in the second quarter of this year was 49% compared to the first quarter.
Nampak has announced a 21% rise in adjusted headline earnings per share for the six months to end-March, as it gears up for what it sees as a challenging second half.
Nampak receives a formal notification of acquisition of an interest in the ordinary shares of the company.
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