Orora posts a loss of $616.6M in FY26

• Orora reported a statutory net loss after tax of $616.6 million for the year ended 30 June 2026, driven by a $728.2 million non-cash impairment of its glass business.
• Underlying net profit after tax declined by 5.9% to $142.2 million, while revenue increased by 6.5% to $2.23 billion.
• The company stated that it has completed its major capital expenditure cycle and is shifting its focus from capital investment to cash generation.

Orora (ASX:ORA) reported a statutory net loss after tax of $616.6 million for the twelve months ended June 30, following a $728.2 million non-cash impairment in its glass business.

EPS remained flat at 11.4 cents per share, while EBITDA rose to $420.3 million.

The financial outcome contrasts with the previous year's performance and reflects ongoing challenges within the global glass sector alongside broader cost-of-living pressures.

" Favourable market dynamics in Cans, including the continued consumer preference shift to aluminium and growth in new beverage categories, have supported 6.3% volume growth and 14.7% growth in underlying EBITDA," said Orora Managing Director and CEO Brian Lowe.

Underlying net profit after tax fell by 5.9% to $142.2 million, while total group revenue rose by 6.5% to $2.23 billion.

The company stated that it expects its ongoing strategic initiatives and completed capital investments to support future cash generation and shareholder returns.

Following the announcement, the Orora share price was up at $1.55.

The company declared a final dividend of 4 cents per share, bringing the total FY26 dividend to 9 cents per share.

Orora operates packaging solutions across global markets, providing design, manufacturing, and decoration capabilities for various beverage brands.