Daily Archives: May 31, 2017

Nampak’s profit surge 41% in half-year despite flat sales

Nampak Limited, the South African beverage can and bottle manufacturer hailed its first-half results which ended on 31 March 2017, as profit surged 41% to R853m (approx. $65m).

“We have delivered improved results, net profit up 41%, despite a tough trading environment,” said Andre de Ruyter, Nampak CEO.

“A major achievement is we were able to improve our operating efficiencies, and managed costs very closely,” he said on Tuesday.