Nampak Ltd (JSE:NPK)
R 472.99 5.99 (1.28%) Market Cap: 3.92 Bil Enterprise Value: 9.47 Bil PE Ratio: 0 PB Ratio: 2.53 GF Score: 55/100

Nampak Ltd Pre-Closed Period Call Transcript

Oct 01, 2021 / 08:30AM GMT
Release Date Price: R710.81 (+17.31%)
Operator

Good day, ladies and gentlemen, and welcome to the Nampak Pre-closed Period Conference Call. (Operator Instructions) Please note that this event is being recorded.

I'd now like to hand the conference over to the Chief Executive Officer, Mr. Erik Smuts. Please go ahead, sir.

Erik E. Smuts
Nampak Limited - CEO & Executive Director

Thank you very much. Good morning, ladies and gentlemen. Thank you for joining us this morning. Welcome to Nampak's investor call where we will discuss the market update that we've released earlier this morning. Just to confirm, this was a voluntary trading update for the 11 months ending 31st of August 2021.

I think it's fair to say that, in general, trading conditions improved as COVID-19 restrictions were eased in South Africa and most of the markets where we operate in the rest of Africa. This resulted in significantly improved group operating results, and group revenue for the period increasing by more than 20%.

I want to point out that this statement should not be read as a profit warning. At this

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