Pact Group
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Pact Group (PGH) investor relations material

Pact Group has been delisted

Pact Group H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Pact Group Holdings Ltd
H2 2025 earnings summary21 Aug, 2025

Executive summary

  • Revenue declined 1.9% year-over-year to $1,821.7 million, with underlying NPAT down 16% to $37.7 million and statutory NPAT down 68.5% to $23.6 million.

  • Net debt increased by $76.4 million to $495.3 million, and gearing rose to 3.0x from 2.5x.

  • The company delisted from the ASX in July 2025 following shareholder approval.

  • No final dividend was declared for FY25.

Financial highlights

  • Underlying EBITDA fell 6.2% to $249.1 million, and underlying EBIT dropped 10.4% to $138.5 million year-over-year.

  • Operating cash flow decreased 43.6% to $66.4 million, mainly due to lower EBITDA and higher finance and tax costs.

  • Capital expenditure was $119.4 million, focused on packaging upgrades and recycling infrastructure.

  • No dividends were paid in FY25; franking credits available for future periods total $24.6 million.

Outlook and guidance

  • The company continues to focus on core growth areas, expanding recycling capabilities, and leveraging regional scale.

  • Ongoing review of the Asian packaging and closures business is underway.

  • Supply chain disruptions from the closure of Qenos have normalized in the second half of FY25.

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