• The survey found that the pandemic is affecting packaging businesses in several ways.
    The survey found that the pandemic is affecting packaging businesses in several ways.
Close×

Businesses around the world are gearing up to confront the period of uncertainty and difficulty that the coronavirus pandemic has brought.

In response to the pandemic, Pact Group has implemented screening protocols and questionnaires for all personnel and visitors entering company facilities. In a letter to customers, Pact Group managing director and group CEO Sanjay Dayal said the company would also introduce temperature testing of all personnel entering company facilities.

“We have been testing and revising all of our business contingency plans, by site and by product, to ensure that in the event there is a site closure, the disruption to any of our customers is minimised to the fullest extent possible,” Dayal wrote.

“As a supplier of essential goods and services for a number of critical industries, we are liaising with government to ensure that we remain fully operational during this difficult period.”

Dayal said the parts of the business involved in the supply of hygiene and cleaning products and goods and services to the grocery market had been responding to heightened demand.

“This has required us to divert some of our resources to these areas to ensure we are meeting the expectations of the community and the government,” he wrote.

As a result of this, Dayal wrote that there may be “impact to delivery times”.

The CEO’s letter noted that there had been no reported cases of Covid-19 at the company, as of 23 March.

Pact Group has also switched some of its production capacity to making hand sanitiser, in repsonse to an uptick in demand for the product.

Food & Drink Business

Inghams has returned to volume growth with reduced dependence on Woolworths but net profit fell 61.5 per cent to $34.6 million as input cost inflation, first half production inefficiencies and a tax provision weighed on FY26 earnings.

Endeavour Group’s decision to reset shelf prices at Dan Murphy’s has restored sales momentum but taken a heavy toll on earnings, with annual profit down 87.8 per cent to $52 million for FY26 after $372 million in pre-tax significant items covering restructuring, asset writedowns and the exit from its winery portfolio.

Food and beverage businesses that delay adopting AI, precision agriculture, digital modelling and fermentation technologies risk being locked out of the commercial opportunities attached to the Brisbane 2032 Olympic and Paralympic Games, a new perspective paper from Australia’s Food and Beverage Accelerator (FaBA) says.