Pulp & Paper News

South Africa packager Mpact 1H 2014 results show 14% rise in operating profit on revenue growth of 13%



JOHANNESBURG , Aug. 13, 2014 (Press Release) - 

Mpact, a leading manufacturer of paper and plastics packaging, today reported an improvement of 14.5% in its underlying operating profit to R270 million in the six months to 30 June 2014, on the back of revenue growth of 13.2% to R4 billion.

In reporting its half-year performance today, Mpact attributed the results mainly to a favourable sales mix and improved productivity.

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