Pro-Pac Packaging Limited (PPG.AX)
Pro-Pac Packaging Limited operates in the Packaging & Containers industry of the Consumer Cyclical sector, headquartered in Reservoir, VIC, AU. The stock last traded at $0.02, up 0.00% on the session, giving a market capitalisation of $3.3M. Its beta of 0.57 implies it has historically moved less than the broad market.
Founded in 1987 and based in Reservoir, Australia, Pro-Pac Packaging Limited is a key player in the manufacturing and distribution of flexible, industrial, and rigid packaging products across Australia and New Zealand. The company's operations are divided into two main segments. Its Flexibles division specializes in producing various flexible packaging materials, such as stretch and shrink wraps, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. The Industrial segment, conversely, focuses on sourcing and supplying industrial packaging materials along with related consumer goods. This extensive range includes items like corrugated cartons, flexible films, plastic bottles, lids and closures, food processing products, packaging supplies and consumables, machinery and associated service, industrial and protective packaging, strapping and wrapping machines, safety and personal protective equipment (PPE), gloves, and washroom and janitorial products. Pro-Pac also offers void fill solutions, bags and liners, cleaning supplies, and labels and signs. Its comprehensive product and service portfolio caters to a diverse array of markets, including produce, food and food processing, warehousing and logistics, agricultural, industrial, commercial, retail, and fast-moving consumer goods (FMCG) sectors.
Pro-Pac Packaging Limited is most often compared with the following Consumer Cyclical names: