|hold||SELL: 46%||HOLD: 38%||BUY: 15%|
|% From 52WK High||-37.19% ( 1,678 )|
|% From 52WK Low||29.48% ( 814 )|
|Business||Nampak manufactures and sells a variety of packaging products. The company organizes itself into four segments based on product type. The metals segment, which generates the majority of revenue, sells cans primarily to the food...Read More|
|Market Cap||R 7,270,613,252|
|P/E Ratio||7.58||Dividend Yield||SUB REQUIRED|
|Offshore Earnings Component||Low-Med|
|02/10/2019||NAMPAK LIMITED - Awards in Terms of The Nampak Limited Performance Share Plan 2009|
|27/09/2019||NAMPAK LIMITED - Disposal of Nampaks Glass Business and withdrawal of cautionary|
|25/09/2019||NAMPAK LIMITED - Voluntary trading update for the 11 months to 31 August 2019|
|29/08/2019||NAMPAK LIMITED - Appointment of Independent Non-Executive Director: Kholeka Mzondeki|
|23/08/2019||NAMPAK LIMITED - further cautionary announcement with respect to the potential disposal of Nampaks Glass business|
|11/07/2019||NAMPAK LIMITED - Further Cautionary Announcement With Respect To The Potential Disposal Of NampakS Glass Business|
|02/07/2019||NAMPAK LIMITED - Broad-Based Black Economic Empowerment Act 53 of 2003: Annual Compliance Report|
|Nampak Limited is Africa's leading diversified packaging manufacturer and it has been listed on the Johannesburg Stock Exchange (JSE Limited) since 1969. It has operations in Angola, Botswana, Ethiopia, Kenya, Malawi, Nigeria, South Africa, Swaziland, Tanzania, Zambia, Zimbabwe as well as the United Kingdom and Ireland. It offers packaging products across metal, glass, paper and plastics substrates. Nampak is the market leader in the supply of beverage cans in South Africa and Angola and a leading supplier of beverage cans in Nigeria. Nampak's strategy is to unlock value from the base business in South Africa and accelerate growth in the rest of Africa.
In recent years Nampak expanded its footprint in the rest of Africa (excluding South Africa); with the commissioning of a greenfield beverage can plant in Angola in April 2011 and acquisition of Alucan in Nigeria (now Bevcan Nigeria) in February 2014 being the major investments. It also completed the recapitalisation programme of Bevcan South Africa of converting beverage can lines from tinplate to aluminium in 2016, which commenced in 2012. In 2015 Nampak exited a number of its low-margin South African businesses to unlock value from its base business.
The rest of Africa operations now contribute more than 50% to group trading profit. Nampak remains confident of the demographic fundamentals underpinning long-term packaging growth in the rest of Africa.
The group's world-class research and development facility based in Cape Town provides technical expertise and support to Nampak's businesses as well as to its customers. Nampak supports the recycling, reuse and recovery of used packaging.