Australia's Orora hits three-month low on weaker FY27 EBIT outlook
14/10/2026 01:36
BUZZ-Australia's Orora hits three-month low on weaker FY27 EBIT outlook ** Shares of Australia's Orora Limited ORA.AX fall as much as 4% to A$1.330, hitting their lowest level since July 9
** Stock set for its biggest intraday pct loss since August 17
** Packaging company expects FY27 EBIT to be lower than FY26
** Adds, ongoing US tariff impacts and accelerated effects of the Middle East conflict hurt pricing and product mix at its Saverglass business in the second half of FY26
** YTD, stock down 39.1%, including the session's moves
(Reporting by Paridhi Minda in Bengaluru)
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