Share

Nampak reports operating loss and reduces debt in challenging period

Nampak has reported a headline loss of 78 cents per share, for continuing operations. This is compared to headline earnings of 54 cents per share in 2019. Lockdowns impacted progress in restructuring initiatives. And group results were adversely affected by the currency devaluation of the Zimbabwe dollar and hyperinflation. Nampak CEO, Erik Smuts joins CNBC Africa for more.
Tue, 01 Dec 2020 16:16:21 GMT