Pact Group Holdings Ltd. announced consolidated and parent earnings results for the half year ended 31 December 2017. For the period, the company reported sales revenue of AUD 808,146,000 against AUD 727,386,000 a year ago. Profit before income tax expense was AUD 63,894,000 against AUD 71,563,000 a year ago. EBITDA was AUD 120,713,000 against AUD 120,857,000 a year ago. EBIT was AUD 86,789,000 against AUD 90,151,000 a year ago. Net profit after tax attributable to shareholders was AUD 44,128,000 against AUD 50,246,000 a year ago. Diluted earnings per share were AUD 0.144 against AUD 0.168 a year ago. Net debt as at December 31, 2017 was 519,145,000. The decrease in net debt compared to the 31 December 2016 comparative period is AUD 143.8 million. Cash flow from operating activities was AUD 29,927,000 against AUD 25,190,000 a year ago. Capital expenditure was AUD 45,260,000 against AUD 50,599,000 a year ago.

For the half year, on parent basis, the company reported profit for the year of AUD 39,273,000 compared to AUD 51,434,000 a year ago.

The company's outlook for the fiscal year 2018 year remains unchanged. The company expects to achieve higher revenue and earnings (before significant items) in fiscal year 2018, subject to global economic conditions.