JSE-listed paper, plastic and packaging group Transpaco increased its revenue by 12.5% year-on-year to R2.34-billion for the financial year ended June 30, on the back of material cost inflation and volume growth across the group. Operating profit grew by 35.1% to R222.8-million in the period, while net profit after tax improved by 38.4%, resulting in headline earnings increasing by 36.9% and headline earnings a share being up by 41.4%.
