Orora Group (ORA) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed shareholders to the 12th AGM, introduced board members, and outlined meeting procedures, including hybrid attendance and voting protocols.

• Notice of meeting was taken as read, and a quorum was confirmed to open the meeting.

Financial performance review

• FY 2025 EBIT reached AUD 262 million, up 9.5% from FY 2024; NPAT was AUD 151.1 million, up 18%.

• EBITDA grew 19.4% to $418.8m, and operating cash flow increased 46.4% to $334 million.

• Total dividend for FY 2025 was AUD 0.10 per share, unfranked, with a final dividend of 0.05 per share.

• Cans business saw 6% volume growth and strong demand; global glass faced softer demand but improved in 2H.

• Leverage reduced to 0.7x net debt/EBITDA, with net debt at $254.2m.

Board and executive committee updates

• Four directors stood for (re)election: Rob Sindel, Tom Gorman, Michael Fraser, and Jackie McCarthy.

• Jackie McCarthy joined the board, bringing extensive consumer marketing and supply chain experience.

• Board comprises a mix of independent non-executive directors and executive leadership, including Chair Rob Sindel and CEO Brian Lowe.

• New leadership for Saverglass announced, with Emmanuel Ledant replacing Jean-Marc Ehrenborg.