Nampak results solid, despite difficult operating year

JSE-listed beverage, food and nonperishable packaging manufacturer Nampak’s basic earnings a share rose 3% to 228.3c for the year ended September 30, from 221.7c the year before. The company also reported an increase in group revenue and trading profit of 13%, to R17.2-billion, and 10% to R1.82-billion, respectively, while profit for the year was up 2%.