Mpact forecasts higher profits

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Johannesburg - Packaging group Mpact (MPT) said on Thursday it anticipates headline earnings per share and earnings per share for the year ended December 2012 to rise by more than 20%‚ from the same period a year earlier.

Mpact‚ which listed on JSE in July 2011 following a demerger from Mondi‚ said it would issue a further trading statement in due course. - I-Net Bridge

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