Brief: Pro-Pac Packaging Sees Business As Positive Pre-Aasb 16 EBITDA By End Of HY
21/11/2022 23:58
Nov 22 (Reuters) - Pro-Pac Packaging PPG.AX :
* EXPECT BUSINESS TO RETURN TO A POSITIVE PRE-AASB 16 EBITDA
BY
END OF 1H22
* ON TRACK TO RESTORE PROFITABILITY IN FY2023 FINANCIAL YEAR
* COST OF MANUFACTURING LABOUR REMAINS A CHALLENGE
* HIGH RESIN PRICES CONTINUE TO IMPACT COSTS DURING Q1
Source text for Eikon: ID:nASX5pVmHQ
Further company coverage: PPG.AX
((Reuters.Briefs@thomsonreuters.com;))
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