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Orora Limited (ASX:ORA)

ALERT: Price-sensitive ASX Announcement for ORA
Current share price for ORA : $1.480 -0.035 (-2.31%)+
Announcement
Release
13 Aug 2026 8:22AM
Price at Release
$1.515
Full Release
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Summary
The Orora Limited Annual Report for the financial year ending 30 June 2026 highlights a challenging year for the company, marked by a significant decrease in net operating profit after significant items, leading to a loss of $616.6 million, compared to a profit of $973.1 million in the previous year. The report details Orora's financial performance, including net sales of $2,225.9 million, which is a notable decrease from $3,464.7 million in the prior year. Despite these challenges, Orora maintains a strong balance sheet with total assets of $4,259.2 million, though total equity decreased to $1,933.3 million from $2,896.6 million in 2025. The company faced significant foreign currency and impairment losses, which impacted the financial outcomes. Orora also engaged in strategic debt management activities, including a US private placement to extend debt maturity. The dividend policy remains cautious, with a proposed final dividend of 4.0 cents per share unfranked.
Key Points
  • Net operating profit after significant items resulted in a loss of $616.6 million.
  • Net sales decreased to $2,225.9 million from $3,464.7 million.
  • Total assets amounted to $4,259.2 million, while total equity decreased to $1,933.3 million.
  • Significant foreign currency and impairment losses affected financial outcomes.
  • Orora engaged in strategic debt management, including a US private placement.
  • Dividend policy includes a proposed final dividend of 4.0 cents per share unfranked.
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.