PLAY PKN: Video News Bulletin 5 February

In the news this week: Amcor profits; TIPA and Perfotec compostable ESL pack for fresh produce; Arnott’s and Edison agency limited edition Shapes pack design; Currie Group leadership change.

Brought to you by Currie Group.

Food & Drink Business

Inghams Group has reaffirmed its FY26 earnings guidance despite higher-than-expected operational costs across its Australian operations. The poultry producer expects underlying EBITDA pre-AASB 16 to be between $215 million and $230 million.

Diageo has appointed Dave Lewis as its next CEO and executive director, as the global drinks company grapples with debt, US tariffs, and consumers’ drinking less alcohol. He starts on 1 January 2026.

The Kimberley Meat Company (KMC), the only commercial-scale abattoir in northern Western Australia, and its parent company, Yeeda Pastoral Company, have been acquired by TLP4 Australian Holdings, a subsidiary of Canadian government-owned investment fund, Alberta Investment Management Corporation (AIMCo).