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Orora Limited (ASX:ORA)

ALERT: Price-sensitive ASX Announcement for ORA
Current share price for ORA : $1.485 -0.03 (-1.98%)+
Announcement
Release
13 Aug 2026 8:23AM
Price at Release
$1.515
Full Release
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Summary
Orora Limited's FY26 results highlight a revenue growth of 6.5%, driven primarily by strong growth in the Cans sector. The company's EBITDA increased to $420.3 million, although EBIT saw a slight decline. Significant items had a major impact on statutory results, including a significant impairment charge related to the Glass CGU. The leverage ratio stands at 1.2x, under the long-term target range, while the balance sheet remains strong with significant available liquidity and cash reserves. A focus on operational efficiency and strategic growth investments, particularly in the Cans sector, alongside strict cost management, helped achieve strong cash realisation. Orora's future outlook involves continuing these strategic investments and cost management approaches to enhance shareholder returns.
Key Points
  • Revenue growth of 6.5%, mainly from Cans sector
  • EBITDA increased to $420.3 million
  • EBIT declined due to increased depreciation and amortisation
  • Significant impairment charge on Glass CGU
  • Leverage ratio at 1.2x, below target range
  • Strong balance sheet with available liquidity
  • Cash realisation maintained strong levels
  • Strategic investments in growth areas like Cans
  • Focus on operational efficiency and cost management
  • Ongoing strategic approach for future shareholder returns
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.