Mpact is pleased to announce the appointment of Neelin Naidoo as Managing Director of its Plastics business with effect from 1 November 2013.
Mpact made presentations and hosted a number of investors and analysts at certain of its Johannesburg and Cape Town operations on 7 and 8 October 2013.
Mpact, a leading manufacturer of paper and plastics packaging, today reported an increase in underlying operating profit and underlying earnings per share of 6.1% and 20.9% respectively despite difficult trading conditions.
In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act No 71 of 2008, as amended, shareholders are advised of the following.
Mpact is currently finalising its results for the six months ended 30 June 2013, which are expected to be released on or about 14 August 2013.
In compliance with the JSE Limited Listings Requirements, the following information is disclosed.
With regard to the audited results for the year ended 31 December 2012, shareholders are advised that the Integrated Report, including the Abridged Annual Financial Statements, have been distributed to shareholders today, 28 March 2013.
Mpact, a leading manufacturer of paper and plastics packaging, today reported an increase in revenue of 10.9% to R6.8 billion for the year ended 31 December 2012, its first full year as a listed company on the JSE.
In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on will differ by 20% or more from the financial results of the previous corresponding period.