← All events
Markets·Unverified·Live
Orora shares slumped to a 12-year low and cut full-year guidance due to conflict-related production halts at its UAE plant.
Updated ·First reported ·1 source
Summary
Orora Ltd. shares slumped to a 12-year low after the Australian packaging company cut full-year guidance for its high-end bottle unit. The guidance reduction follows Middle East conflict-related disruptions that have halted production at the company's plant in the UAE.
Key Facts
- •Orora Ltd. shares slumped to a 12-year low.[1]confirmed
- •Orora cut full-year guidance for its high-end bottle unit due to Middle East conflict-related disruptions.[1]confirmed
- •Production at Orora's UAE plant has halted.[1]confirmed
Locations
United Arab EmiratesUnited Arab Emirates, Middle East
23.42, 53.85AustraliaAustralia, Oceania
-25.27, 133.78IranIran, Middle East
32.43, 53.69Sources (1)
- initial report
Changelog
initial reportv1
Automated synthesis
Show summary
Orora Ltd. shares slumped to a 12-year low after the Australian packaging company cut full-year guidance for its high-end bottle unit. The guidance reduction follows Middle East conflict-related disruptions that have halted production at the company's plant in the UAE.
- • Orora Ltd. shares slumped to a 12-year low.
- • Orora cut full-year guidance for its high-end bottle unit due to Middle East conflict-related disruptions.
- • Production at Orora's UAE plant has halted.