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Did a A$616.6m Glass Impairment and Cautious FY27 Outlook Just Shift Orora’s (ASX:ORA) Investment Narrative?
Orora Limited has released its full-year results for the 12 months to June 30, 2026, reporting sales of A$2,225.9 million and a net loss of A$616.6 million after recognising a large non-cash impairment in its glass cash-generating unit linked to US tariffs and Middle East conflict.
While the Cans division delivered strong performance and cash generation, management’s cautious outlook for FY27, particularly around ongoing price and mix pressure in Saverglass, marks a clear shift in how the...