2017 REVIEW OF OPERATIONS: NAMPAK
Nampak Zimbabwe was created by the merging of the related packaging entities MegaPak, Hunyani and CarnaudMetalbox (CMB) in 2014 with the new entity taking over Hunyani Holdings’ stock exchange listing.
NAMPAK’S ACTIVITIES ARE SUMMARISED BELOW:
The company reported a steady EBITDA outturn in the half year to March 2017, with attributable earnings impacted by some re-organisation cost. The balance sheet is strong with significant cash resources. The business is expected to benefit from the recent capacity investments and the ongoing initiatives to reduce their value chain costs.
