PLAY PKN: Video Bulletin 22 September

In the news: Smurfit Kappa, WestRock, Kin Group, Pact Group, MAP WA, Multivac, Western Meat Packers Group, Coles, Caps & Closures, Pack Expo, Labelexpo, Foodtech Packtech, Plastics and the Circular Economy Conference 2023. 

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Food & Drink Business

Australian Vintage has flagged a stronger second half, saying it remains on track to deliver FY26 sales growth and free cash flow neutrality (excluding investments), despite a softer first half and break-even operating earnings. 

Bega Group reported a 45 per cent surge in profit to $52 million in the first half of FY26, with EBITDA up almost 30 per cent to $133.4 million. The group also lifted its FY26 guidance to $222-227 million.

Inghams Group reported a 65 per cent drop in profit in the first half of FY26, causing the share price to fall almost 16 per cent, wiping $172 million from its market capitalisation.