Packaging company, the Orora Group Ltd
(ASX:ORA) has announced its financial results for FY16.
The company says its net profit after tax was $168.6 million, up 28.3% compared to the same period last year.
As for its earnings per share, Orora says it was 14.1 cents, which is up 29.4% over the last year.
Orora’s earnings before interest and tax was up 24.6% to $280.5 million, and the company has declared a final ordinary dividend of 5 cents per share, 30% franked.
