Brief: Orora Ltd Announces Trading Update Including Saverglass

Orora

14/12/2023 01:11

Dec 14 (Reuters) - Orora Ltd  ORA.AX :
    * TRADING UPDATE INCLUDING SAVERGLASS
    * ORORA GROUP EBIT IS EXPECTED TO BE HIGHER IN  FY24
    * SAVERGLASS EBITDA FOR REMAINDER OF FY24 IS EXPECTED TO BE
BROADLY IN LINE WITH EBITDA RUN RATE OF PROFORMA LTM TO JUNE
2023 (EURO 168 MILLION)
    * REMAINS CONFIDENT WITH SAVERGLASS’ POSITION IN PREMIUM
WINE AND
SPIRITS SEGMENTS
    * REMAIN CONFIDENT SAVERGLASS ACQUISITION WILL DELIVER
MEDIUM-
LONG TERM GROWTH

Source text for Eikon:  ID:nASX1V0cgH 
Further company coverage:  ORA.AX 

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