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Last 4,700
Change Today +50.00 / 1.08%
Volume 62.2K
MPT On Other Exchanges
As of 11:00 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

mpact ltd (MPT) Snapshot

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52 Week High
07/23/15 - $4,994
52 Week Low
08/5/14 - $2,950
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mpact ltd (MPT) Details

Mpact Limited manufactures and sells paper and plastic packaging products primarily in South Africa. The company operates through Paper and Plastics segments. It offers recycled-based packaging and industrial paper grades, such as containerboards and carton boards; and a range of printed and unprinted converted corrugated products, including boards, which are used to manufacture corrugated packaging, corrugated boxes, die-cut cases, folded glued cases, trays, and point-of-sale displays. The company recycles paper through various recovered paper sources, including pre- and post-consumer material sourced through a multitude of paper pickup programmes. In addition, it manufactures various plastic packaging products comprising polyethylene terephthalate (PET) preforms, bottles, and jars; closures for carbonated soft drinks and water; and plastic jumbo bins, wheelie bins, and plastic pallets and crates. Further, the company plastic packaging products consists of plastic fast moving consumer goods containers, such as bottles, jars, and closures; and styrene and PET trays, fast food containers, and clear plastic films. This segment manufactures plastic packaging products for the food, beverage, personal care, homecare, pharmaceutical, agricultural, and retail markets. Mpact Limited is headquartered in Johannesburg, South Africa.

4,126 Employees
Last Reported Date: 03/31/15

mpact ltd (MPT) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: R5.7M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: R4.6M
Compensation as of Fiscal Year 2014.

mpact ltd (MPT) Key Developments

Mpact Limited Provides Earnings Guidance for the Six Months Ended 30 June 2015

Mpact Limited provided earnings guidance for the six months ended 30 June 2015. For the period the company expects EPS 131 cents to 139 cents per share, or a 43% to 51% increase and HEPS 131 cents to 139 cents per share, or a 43% to 52% increase. Underlying EPS 131 cents to 139 cents per share, or a 43% to 51% increase. The expected increase in EPS is due to an improved trading performance and a lower effective tax rate compared to the prior year comparable period. Group revenue for the six months ended 30 June 2015 increased by 10.8% when compared to the same period last year, while the recognition of deferred tax on previously unrecognised tax losses resulted in a lower effective tax rate.

Mpact Limited Announces Executive Changes

Mpact Limited announced the appointment of Johan Stumpf as Managing Director of Mpact's Corrugated business with effect from 1 January 2016, succeeding Ralph von Veh, who is approaching retirement. Ralph will remain with the Group as a member of the Mpact Executive Committee, responsible for the bags and sacks businesses, Detpak and Pyramid, and will represent Mpact's interests on the boards of various Mpact subsidiaries and associates. Johan has a proven track record and extensive executive management experience in the fruit and agricultural sectors as well as manufacturing. He will join Mpact from the Klein Karoo Group where he has served as Managing Director since 2009.

Mpact Limited, Annual General Meeting, Jun 04, 2015

Mpact Limited, Annual General Meeting, Jun 04, 2015., at 13:00 GMT Standard Time. Location: The Venue, 17 High Street. Agenda: To approve the resolution to authorize the company to provide financial assistance to related or interrelated companies or corporations to the company.


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