PLAY PKN: Video Bulletin 21 June
In the news: WorldStar, Detpak, Orora, Origin, Rivareno, Arnott's, Boxer & Co., Vertex Awards, Woolworths, Van Dyke Press, Omet, Currie Group, Tetra Pak.
Brought to you by Ball & Doggett.
Brought to you by Ball & Doggett.
A $27 million write-down of legacy inventory drove reported EBITDAS to negative $35 million, while net debt finished at $89 million against $90 million guidance.
SPC Global has delivered normalised EBITDA of $38.5 million for FY26, up 27 per cent and ahead of guidance for 25 per cent growth, on net sales revenue of $331.8 million.
Turnover and employment are at record levels in Australia’s food and grocery manufacturing sector and exports are also climbing, according to Australian Food and Grocery Council’s (AFGC) latest State of the Industry report. But the figures came with a warning – ongoing pressure on margins and operating costs could weaken the sector’s capacity to invest and grow over the long term.
