JSE-listed packaging manufacturer Nampak’s turnaround plan has resulted in its earnings before interest, taxes, depreciation and amortisation (Ebitda) increasing by R1.1-billion from R343-million in the prior financial year to R1.5-billion in the financial year ended September 30.
Nampak has been undertaking ambitious transformation efforts over the past 12 months, including effective revenue growth and cash flow management, as well as cost and inefficiency extraction.