Business
NPK: EBITDA up 201% and profit turnaround achieved, with debt reduced through asset disposals and rights issue
NPK: EBITDA up 201% and profit turnaround achieved, with debt reduced through asset disposals and rights issue
About this update from Nampak Limited
Revenue grew 7% to R6.2bn and EBITDA surged 201% to R1,148m, with a return to profitability and strong cash generation. Asset disposals and a rights issue reduced debt, while turnaround initiatives drove margin expansion despite macroeconomic and operational challenges.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.