A worker drives a forklift truck to transport a crate of aluminium cans in the warehouse at the Nampak Bevcan manufacturing plant in Springs, Gauteng. Picture: WALDO SWIEGERS/BLOOMBERG
The company blamed its poor performance on the R4bn impairment and goodwill as well as net devaluation losses from Angolan and Nigerian exchange-rate movements. Like many businesses, the company was hit by the Covid-19 lockdown, and it was also knocked by asset disposal, restructuring and retrenchments costs.
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