Mpact FY26 H1 operating profit drops 15.7% to R 284 million
Reuters2026/08/24 06:14- Mpact reported interim results for the six months ended June 30, 2026, with operating profit down 15.7% to R284 million.
- EBITDA from continuing operations fell 4.4% to R614 million, while revenue from continuing operations rose 1.1% to R5.96 billion.
- Cash generated from operations more than doubled to R448 million, while net debt narrowed to R2.6 billion.
- Interim dividend was 15 cents per share; net asset value per share stood at R36.34.
- Portfolio optimisation advanced with the closure of the Springs BM6 coated cartonboard machine; Paper Manufacturing margins remained under pressure on lower selling prices.
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