Nampak Ltd 2020 IR
The report highlights Nampak's performance and strategic reset during a year of significant global disruption caused by the COVID-19 pandemic. The company focused on simplifying its portfolio, reducing risk, and optimizing operations, which included the disposal of its Glass division, Cartons Nigeria, and Nampak Plastics Europe. Despite a 23% decline in revenue and substantial asset impairments, Nampak managed to remain cash positive through aggressive working capital management. The group also successfully renegotiated its funding covenants and committed to a debt reduction plan of at least R1 billion by September 2021.
Company: Nampak Ltd
Sector: Manufacturing
Country: South Africa
Year: 2020
Type: IR
Pages: 193
Back to company
Nampak Ltd
Integrated Report
The report highlights Nampak's performance and strategic reset during a year of significant global disruption caused by the COVID-19 pandemic. The company focused on simplifying its portfolio, reducing risk, and optimizing operations, which included the disposal of its Glass division, Cartons Nigeria, and Nampak Plastics Europe. Despite a 23% decline in revenue and substantial asset impairments, Nampak managed to remain cash positive through aggressive working capital management. The group also successfully renegotiated its funding covenants and committed to a debt reduction plan of at least R1 billion by September 2021.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Oct 1, 2019 - Sep 30, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Employees