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GLASS PACKAGING
Glass packaging
ORORA
passionate about glass
Present in seven glass packaging solutions at its team of specialist glass engineers,
state-of-the-art glass facility, cre- the company offers fully cus-
countries with ating more than 950 million bot- tomised glass bottle specifica-
tles a year for makers of beer, tions and packing, also importing
over 6,700 team wine, cider, alcoholic ready-to- smaller volumes of custom-made
drink beverages, carbonated soft bottles for customers requir-
members and 54,000 drinks and juice. ing small quantities or unique
Equipped with a passionate designs.
shareholders, Orora
delivers packaging Investing to deliver customer-led
solutions working product solutions
Orora announced a strong operating result for the half year ended 31
side-by-side with its December 2017, delivering double-digit underlying NPAT, EBIT and EPS
growth.
customers each and Commenting on Orora’s performance, Managing Director and CEO, Nigel
Garrard, said: “Orora’s track record of delivering strong and sustainable
every day. FBSOJOHT HSPXUI IBT DPOUJOVFE ESJWFO JO UIF mSTU IBMG CZ PSHBOJD HSPXUI
JO UIF (SPVQ T DPSF CVTJOFTTFT BOE FOIBODFE CZ UIF CFOFmUT OPX CFHJO-
OJOH UP nPX GSPN SFDFOU BDRVJTJUJPOT BOE DBQJUBM JOWFTUNFOUT UP EFMJWFS
customer led product solutions and improve productivity.”
“Orora’s strong cash conversion combined with the strength of its balance
sheet, continues to provide the company with capacity to invest with disci-
rora is an expert at craft-
QMJOF JO JOOPWBUJPO DBQJUBM QSPKFDUT BOE BDRVJTJUJPO HSPXUI PQQPSUVOJUJFT
ing sophisticated, stand that deliver sustainable value creation for shareholders.”
Oout glass bottles that “Based on the success of recent organic investments, the current focus
build on the brand strategies of is to invest more to support organic growth and to bolster the capability to
its customers. The company col- ESJWF UIF JOUFHSBUJPO PG UIF 0SPSB 7JTVBM BDRVJTJUJPOT XIJMF DPOUJOVJOH UP
laborates to discover how to best FWBMVBUF BDRVJTJUJPO PQQPSUVOJUJFT BHBJOTU 0SPSB T TUSBUFHJD BOE mOBODJBM
deliver on the promise of what is hurdle rates.”
inside the bottles. “The Orora Global Innovation Initiative, established in 2015 with AUD 45
million earmarked for investment in innovation over three years, has now
Orora produces high quality
been fully committed, with investments made contributing to earnings
growth across the group. As a result of the success of the Innovation
Initiative, it will be increased by AUD 30 million to AUD 75 million, to conti-
nue the focus on bringing new, innovative customer led product solutions
glass machinery plants & accessories to life, whilst improving productivity in the plants,” Garrard said.
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