• Statutory NPAT up 425.4%, including net profit from discontinued operations and significant items
• Portfolio transformation complete, positioning Orora as a focused, market-leading beverage packaging provider
• Revenue increased 24.4% to $2.1 billion

Orora delivered a solid result over the past financial year as it completed the strategic transformation of its portfolio, with the divestment of OPS marking the final step in its journey to become a focused beverage packaging manufacturer. This was achieved despite ongoing challenges in the global operating environment, particularly around tariff implementation and consumer demand. The Group reported EBIT of $262.1m, up 9.5%, reflecting twelve months of ownership of the Saverglass business compared to seven months in FY24. Demand for cans remained strong, and Orora continued to invest in its cans capacity expansion program. In response to reduced demand across the global glass packaging industry, Orora took decisive action to review the production capacity of its glass business and adjust its network. The Saverglass business reported EBIT of €79.2m, down 5.5%, and the Gawler glass facility reported EBIT of $25.4m, a decrease of 54%. Orora remained committed to its disciplined approach to capital management, retaining a strong balance sheet following the OPS sale, which will support ongoing shareholder returns via dividends and on-market share buybacks.

For Cans, EBIT is expected to be higher than FY25, with volume growth consistent with long-term growth rates supporting stronger EBITDA. For Saverglass, EBIT is expected to be broadly in line with FY25, with volume growth and cost reduction initiatives expected to support higher EBITDA. For Gawler, EBIT is expected to be approximately $30m, with the operational and financial benefits from the transition to a two-furnace operation being partially offset by higher depreciation.