No New Negatives from Orora 'a Relief'

Dow Jones

Aug 13

0103 GMT - No new negatives from drinks container company Orora is a relief for Citi. Annual EBIT of A$248 million was broadly similar to consensus hopes for A$249 million, with growth in cans offsetting headwinds in glass bottles. "We estimate the resumption of buyback, restart timing of RAK and glass initiatives could be taken as incremental positives," says analyst Samuel Seow. RAK is Orora's Ras al Khaimah facility in the United Arab Emirates, which produces premium and ultrapremium wine bottles. The facility has been running as a closed-loop "hot" operation since the Middle East conflict closed shipping routes. It involves keeping the furnace warm but producing no bottles. Orora has begun efforts to restart RAK on a restricted-volume basis from October, using alternative shipping routes in Oman.

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Annual EBIT of A$248 million was broadly similar to consensus hopes for A$249 million, with growth in cans offsetting headwinds in glass bottles. \"We estimate the resumption of buyback, restart timing of RAK and glass initiatives could be taken as incremental positives,\" says analyst Samuel Seow. RAK is Orora's Ras al Khaimah facility in the United Arab Emirates, which produces premium and ultrapremium wine bottles. The facility has been running as a closed-loop \"hot\" operation since the Middle East conflict closed shipping routes. It involves keeping the furnace warm but producing no bottles. Orora has begun efforts to restart RAK on a restricted-volume basis from October, using alternative shipping routes in Oman.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No New Negatives from Orora 'a Relief'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo New Negatives from Orora 'a Relief'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-13 09:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>0103 GMT - No new negatives from drinks container company <a href=\"https://laohu8.com/S/ORADA.AU\">Orora</a> is a relief for Citi. Annual EBIT of A$248 million was broadly similar to consensus hopes for A$249 million, with growth in cans offsetting headwinds in glass bottles. \"We estimate the resumption of buyback, restart timing of RAK and glass initiatives could be taken as incremental positives,\" says analyst Samuel Seow. RAK is Orora's Ras al Khaimah facility in the United Arab Emirates, which produces premium and ultrapremium wine bottles. The facility has been running as a closed-loop \"hot\" operation since the Middle East conflict closed shipping routes. It involves keeping the furnace warm but producing no bottles. Orora has begun efforts to restart RAK on a restricted-volume basis from October, using alternative shipping routes in Oman.</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7053","symbol_name":"金属与玻璃容器","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2659810631","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2659810631","pubTimestamp":1786582980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0103 GMT - No new negatives from drinks container company Orora is a relief for Citi. 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