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Pro-Pac Packaging Limited ( (AU:PPG) ) has issued an update.
Pro-Pac Packaging Limited reported a 10.1% decline in revenue for the first half of 2025, primarily due to a significant reduction in sales to a major customer in the Middle East and challenging market conditions affecting its Flexibles business. The company experienced a pre-tax loss of $12.8 million and an EBITDA loss of $6.4 million, prompting a strategic review to improve profitability and explore long-term funding solutions. Despite these challenges, the company received continued support from its major shareholder, who extended a $13.0 million facility.
More about Pro-Pac Packaging Limited
Pro-Pac Packaging Limited operates in the packaging industry, offering a range of packaging solutions including flexible and specialty packaging. The company focuses on markets in Australia, New Zealand, and the Middle East, with a significant portion of its revenue derived from these regions.
YTD Price Performance: -36.67%
Average Trading Volume: 209,267
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.45M
For detailed information about PPG stock, go to TipRanks’ Stock Analysis page.