CHH assets\' integration a changing event for Colorpak

Colorpak posts record profit following major acquisition

August 11, 2011 | By Newsdesk based on a press release

Australian packaging industry leader Colorpak is well positioned to cement its No.1 position in the folding carton sector after announcing a reported NPAT of $15.875m following its acquisition of Carter Holt Harvey’s (CHH) folding carton assets. Managing director Alex Commins said the normalized result of $7.06m (NPAT) is a record full year profit result to date for Colorpak’s underlying business, and profit is up 10 per cent from 2010. ...cont´d

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