Nampak says divestitures will restore the company
Nampak says its divestiture programme, meant to help reduce debt to sustainable levels, is making progress
15 February 2024 - 15:35
UPDATED 15 February 2024 - 20:37
Nampak says a combination of waning demand for plastic and paper and high labour costs has resulted in lower-than-expected turnover for the first quarter of its 2024 financial year.
On the upside, the JSE-listed packaging producer said Bevcan SA and DivFood had delivered operational and trading performance improvements through margin management, cost reduction and efficiency gains...
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