Orora Ltd. (AU:ORA) has released an update.
Orora Ltd. has undergone significant transformation in 2024, focusing on sustainable beverage packaging, highlighted by the sale of Orora Packaging Solutions for A$1.78 billion and the acquisition of Saverglass. This strategic shift has positioned Orora as a leader in premium bottles and strengthened its financial standing, with a 26% increase in EBIT to $404 million. The company’s evolution promises a streamlined business model with enhanced growth opportunities and improved shareholder returns.
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