Please note that some articles contained in this section of the website have been selected from articles published by the media. The facts and opinions expressed therein are those reported by the journalist and publication and therefore may not necessarily reflect those reported by the Company.
Engineering News Paper and plastic packaging group Mpact said on Friday its basic and headline earnings a share for the six months to the end of June were expected to increase by more than 20%.
Business Live Packaging company Mpact expects margins in the paper business to remain under pressure as lower international paper prices and the threat of import substitution limits the group's ability to fully recover cost increases, especially energy, transport and labour.
CNBCAfrica Packaging group Mpact is looking to buy out smaller odd-lot shareholders. The group says it will make an offer to shareholders holding anything from 100 to 500 shares.
Business Live Against the backdrop of challenging trading conditions, paper and plastic packaging group Mpact reported a robust increase in underlying earnings per share of 102.9 cents for the year to end December from 24.3 cents in 2010.
Business Report Packaging group Mpact, formerly Mondi Packaging SA, which listed on the JSE in July after being stripped out of paper group Mondi, on Thursday reported basic earnings per ordinary share for the year ended December 31 2011 of 54.9 cents while underlying earnings per ordinary share were 102.9 cents.