BRIEF-Nampak Says Group Is In Process Of Reviewing Portfolio And Capital And Funding Structures

  • Reuters
  • Stock Market News
BRIEF-Nampak Says Group Is In Process Of Reviewing Portfolio And Capital And Funding Structures
Credit: © Reuters.

Sept 30 (Reuters) - Nampak Ltd NPKJ.J :

* NAMPAK LTD - GROUP IS IN PROCESS OF REVIEWING ITS PORTFOLIO AND ITS CAPITAL AND FUNDING STRUCTURES

* NAMPAK LTD - CAPITAL EXPENDITURE FOR FULL YEAR IS EXPECTED TO BE BETWEEN R600- R675 MILLION

* NAMPAK LTD - IMPACT OF COVID-19 ON EARNINGS RESULTED IN EBITDA LEVELS THAT WERE LOWER THAN EXPECTED

* NAMPAK LTD - IT IS OUR INTENTION TO KEEP ANNUAL CAPITAL EXPENDITURE TO BELOW R350 MILLION FOR NEXT TWO YEARS

* NAMPAK LTD - GROUP'S EBITDA WAS ADVERSELY IMPACTED PRIMARILY DUE TO SLOWDOWN IN ANGOLAN ECONOMY

* NAMPAK LTD - COVENANT RELAXATIONS HAVE BEEN AGREED WITH GROUP'S FUNDERS.

* NAMPAK LTD - COVENANTS WILL BE MEASURED QUARTERLY UNTIL 31 DECEMBER 2021 AND REPORTED ON TO GROUP'S FUNDERS

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100