Mpact warns of profit hit from Covid-19
The packaging group largely operated as an essential service during the lockdown, but the pandemic has had an effect on demand
23 June 2020 - 12:29
Paper and plastics packaging group Mpact warned of a steep profit decline in its six months to end-June on Tuesday, as Covid-19 took its toll on consumer demand and economic activity.
All divisions within Mpact were designated essential services during the Covid-19 lockdown, although some non-essential production lines, such as those producing packaging for quick-service restaurants and alcoholic beverages, did not operate...
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