Orora Limited (ORA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, and welcome to the Aurora Limited Fiscal Year 26 half-year results. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. At which time, if you wish to ask a question, you will need to press star 1 on your telephone keypad. I would now like to hand the conference over to your speaker today, Mr. Brian Lowe, Managing Director and CEO. Please go ahead, Brian. Thank you. Good morning everybody. Thanks for joining us today for the Aurora Group half-year 2026 results presentation. I'm joined by Sean Hughes, our Chief Financial Officer. Today, Sean and I will provide you with an overview of our results for the first half and an update of the operational progress as we reshape the portfolio to be a focused beverage packaging business. At the end of the presentation, I'll conclude with some insights and perspectives for FY26 including our outlook statement. Once concluded, we'll be happy to take your questions. Before I start, please take note of the important information on slide two. Turning to slide four, today we'll be delivering the following team messages. At a group level, we have delivered a robust set of results for the first half of 2026, focused on discipline, execution and controlling the controllables. We achieved volume growth in Cairns and Sabreglass and importantly EBITDA was up in all businesses and we continue to generate strong operating cash flow and cash realisation, a hallmark of Aurora. Our Cairns business grew strongly with volumes up 11.2% as we leveraged the investment in new capacity, noting our growth investments are nearing completion. Operating conditions remain challenging, however, saverglass grew volumes by 2.6% while galler volumes declined ...