Pact Group enjoys a strong market position, but aggressive competition whittles away any advantages.
Pact is due to report its fiscal 2016 results on 24 August. We are forecasting net profit after tax of AUD 101 million (EPS of AUD 0.34), up 19% on the previous corresponding period. We estimate the Jalco acquisition will account for 80% of the EPS uplift with ongoing cost-cutting accounting for the other 20%. Following negative volume growth in first-half 2016, we believe underlying volumes in second-half 2016 will have recovered modestly. We anticipate New Zealand volumes (estimated 80% of Int...Pact Group Holdings is provider of specialty packaging and manufacturing solutions in Australasia. Co. converts plastic resin and steel into rigid packaging and other products that service customers in different sectors including: food and beverage, personal care, household consumer, industrial and chemical, and materials handling and infrastructure. Co. also provides a range of services including outsourced manufacturing, filling and packing and a range of sustainability, recycling and environmental services to assist customers in reducing the environmental impact of their product packaging and related processes.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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