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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Red ink hits Hart’s packaging group

Tight US labour market among factors driving higher costs

Tim Hunter
Fri, 15 Feb 2019

Billionaire Graeme Hart’s packaging empire Reynolds Group has slipped into loss after a tough year of higher costs and a $300 million impairment at one of its subsidiaries.

In a conference call with analysts Reynolds Group managing director Thomas Degnan said the result was “disappointing”

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Tim Hunter
Fri, 15 Feb 2019
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Red ink hits Hart’s packaging group
General Business,
78197
true