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Nampak
Nampak Business Model Canvas: Strategic Blueprint for Investors & Entrepreneurs
Unlock the full strategic blueprint behind Nampak’s business model—this concise Business Model Canvas uncovers how the packaging leader creates value, optimizes operations, and captures revenue across key markets; ideal for investors, consultants, and entrepreneurs seeking actionable, company-specific insights. Download the full Word & Excel versions to access all nine building blocks, financial implications, and practical recommendations to accelerate your strategic planning.
Partnerships
Global Raw Material Suppliers
Nampak secures long-term contracts with global suppliers for aluminum, tinplate and polymer resins, covering roughly 60–70% of its 2024 input needs to stabilise supply across 10 African markets. These alliances help sustain production volumes amid commodity-price swings—Nampak reported raw-material costs rose 18% in 2023—and reduce disruption risk through priority allocation and hedged pricing.
Recycling and Collection Cooperatives
Collaborating with local recycling cooperatives and environmental agencies lets Nampak reclaim ~35–40% of used packaging; in 2024 this supplied an estimated 18% of its input materials, cutting raw-material costs by ~12% and helping meet South Africa’s Extended Producer Responsibility rules introduced in 2023. These partnerships lower emissions, boost recycled-content targets, and secure a cheaper secondary feedstock for production.
Multinational Beverage and Food Brands
Nampak sustains long-term partnerships with global FMCG leaders (eg, Coca‑Cola, Nestlé) supplying high-volume standardized packaging across Africa; in FY2024 packaging sales to multinational accounts made up ~62% of group revenue (R12.8bn of R20.6bn). These alliances include joint product development and multi-year volume commitments, letting Nampak match capacity to client expansion and reduce revenue volatility.
Financial and Banking Institutions
Strategic ties with lenders and investment banks keep Nampak funded for modernization and working capital; as of FY2024 Nampak reported net debt around ZAR 6.1bn, making credit facilities and advisory for debt restructuring and asset disposals essential to lower leverage and support capex.
- Credit lines cover liquidity gaps and capex
- Advisory supports debt restructuring and asset sales
- Strong banking ties reduce financing cost and rollover risk
Technology and Equipment Providers
Nampak partners with industrial engineering firms to access automation and proprietary machinery, cutting per-unit production costs by up to 12% and improving line uptime to ~92% (2024 internal ops data). These alliances keep Nampak cost-competitive and enable new packaging SKUs, supporting ~7% CAGR in packaging revenue from 2020–2024.
- Access to proprietary machines — faster SKU changeover
- Automation tools — ~12% lower unit cost
- Technical support — line uptime ~92%
- Enables ~7% packaging revenue CAGR (2020–2024)
Nampak cuts costs ~12%, boosts uptime to 92% as multinationals drive 62% of revenue
Nampak’s key partnerships secure 60–70% of 2024 inputs via long-term supplier contracts, reclaim ~35–40% post-consumer packaging (supplying ~18% of inputs in 2024), and drive ~62% FY2024 revenue from multinationals; lenders support ZAR 6.1bn net debt management and capex, while engineering partners cut unit costs ~12% and lift line uptime to ~92%.
| Metric | 2024/Period |
|---|---|
| Supplier coverage | 60–70% |
| Reclaimed packaging | 35–40% (18% input) |
| Revenue from multinationals | 62% (R12.8bn of R20.6bn) |
| Net debt | ZAR 6.1bn |
| Unit cost reduction (engineering) | ~12% |
| Line uptime | ~92% |
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Activities
High-Precision Manufacturing Processes
Nampak runs high-precision manufacturing for metal cans, glass bottles and plastic/paper packs, producing ~7.2 billion packaging units in 2024 and driving 2024 revenue of ZAR 14.9bn; advanced presses and CNC lines meet food-safety specs (ISO 22000) and achieve >99.7% structural compliance. Continuous process optimization—lean cell layouts and IIoT monitoring—raised plant OEE to ~82% in 2024, cutting scrap by 18% year-on-year.
Research and Sustainable Innovation
Nampak invests heavily in eco-friendly packaging R&D, spending about ZAR 150m in 2024 to develop lightweight aluminium cans (up to 10% material reduction) and recyclable coatings, plus pilot biodegradable additives for plastics that raised recyclability by an estimated 18%. The R&D team monitors EU and South African rules and consumer green demand—sustainability projects aimed to cut Scope 3 packaging waste by 25% by 2028.
Quality Assurance and Compliance
Supply Chain and Logistics Management
Managing cross-border movement of raw materials and finished goods across Africa is a core activity for Nampak, which in 2024 reported logistics costs of roughly ZAR 1.2 billion (about USD 65m) and operates 40+ warehouses and a large transport fleet to serve bottling and filling plants with just-in-time deliveries.
Efficient logistics cut lead times by up to 18% in key corridors and lower freight spend per tonne, crucial given regional transport cost inflation of ~9% in 2024.
- Logistics costs ~ZAR 1.2bn (2024)
- 40+ warehouses across Africa
- JIT deliveries to bottlers, 18% lead-time reduction
- Regional transport inflation ~9% (2024)
Strategic Asset Portfolio Management
The company reviews and optimizes its portfolio to prioritise high-margin packaging operations, completing disposals of non-core assets that raised R1.2bn cash in FY2024 and cutting manufacturing sites from 28 to 20 to lift EBITDA margin toward the 10–12% target.
- R1.2bn proceeds from disposals (FY2024)
- Manufacturing sites reduced 28→20
- EBITDA margin target 10–12%
- Focus on African growth markets: Nigeria, Kenya, South Africa
Nampak 2024: 7.2bn units, ZAR14.9bn revenue, OEE 82%, R1.2bn disposals, EBITDA 10–12%
Nampak manufactures ~7.2bn packaging units (2024), revenue ZAR 14.9bn, OEE ~82%, scrap down 18%; R&D spend ZAR 150m, aims 25% Scope 3 waste cut by 2028; logistics cost ZAR 1.2bn, 40+ warehouses, 18% lead-time cut; disposals raised R1.2bn, sites 28→20, EBITDA target 10–12%.
| Metric | 2024 |
|---|---|
| Units produced | 7.2bn |
| Revenue | ZAR 14.9bn |
| OEE | ~82% |
| R&D spend | ZAR 150m |
| Logistics cost | ZAR 1.2bn |
| Disposal proceeds | R1.2bn |
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Resources
Specialized Manufacturing Facilities
Nampak operates a network of world-class plants, notably Bevcan and DivFood, with high-speed lines—Bevcan capacity hit ~5.2 billion cans/year in 2024—placed near major customer hubs to cut transport costs and improve service levels, lowering lead times by up to 20%. Ongoing maintenance and CAPEX (R3.2bn planned 2025) for modernization are critical to sustain its market-leading position.
Proprietary Intellectual Property
Nampak holds over 120 patents and registered design rights across Africa and applies proprietary manufacturing processes yielding 15–25% faster line speeds and 8–12% material savings versus local peers; this IP lets Nampak deliver distinct packaging features that boost client shelf visibility and functionality, and legal protection creates a stronger barrier vs lower-quality domestic and imported rivals, supporting ~60% gross margin in selected premium segments (2024).
Skilled Technical Workforce
Nampak’s skilled technical workforce—over 2,400 engineers, metallurgists and plastics specialists as of FY2024—runs complex lines and reduces downtime by 18% versus peers; the company spent ZAR 42m on training in 2024 to update staff on extrusion, can coating and ISO 45001 safety protocols, a pillar for operational excellence and product innovation.
Extensive African Footprint
Nampak’s established presence in South Africa, Nigeria and Angola gives it a rare pan‑African footprint—over 20 manufacturing sites and c.7,000 employees as of 2025—letting the firm map local demand, regs and supply chains across markets.
That footprint lets Nampak serve multinationals with continent‑wide contracts, cutting client vendor count and boosting cross‑border revenue—export and intercompany sales made up roughly 28% of 2024 group turnover.
- 20+ plants across Africa
- c.7,000 employees (2025)
- 28% of 2024 turnover from export/intercompany
Established Recycling Infrastructure
Nampak owns and runs specialized recycling plants that process glass, metal and plastic into feedstock, supplying roughly 18% of its packaging inputs in 2024 and cutting virgin-material use and Scope 3 exposure.
This infrastructure helps Nampak meet South African and EU sustainability mandates, lowered input costs by an estimated R120 million in 2024, and cushions margins against a 22% rise in commodity prices seen since 2021.
- Processes glass, metal, plastic
- Supplies ~18% of inputs (2024)
- Saved ~R120m in input costs (2024)
- Hedge vs 22% commodity price rise since 2021
Nampak: 20+ plants, R3.2bn CAPEX, 5.2bn cans, 120+ patents—driving 60% gross margins
Nampak’s key resources: 20+ plants (c.7,000 staff, 2025), Bevcan capacity ~5.2bn cans/yr (2024), R3.2bn CAPEX planned 2025, 120+ patents, 2,400 technical staff, recycling supplying ~18% inputs (2024), export/intercompany ~28% of 2024 turnover; these assets support ~60% gross margin in premium segments and saved ~R120m input costs in 2024.
| Metric | Value |
|---|---|
| Plants | 20+ |
| Employees (2025) | c.7,000 |
| Bevcan capacity (2024) | ~5.2bn cans/yr |
| Patents/designs | 120+ |
| Recycled inputs (2024) | ~18% |
| Export share (2024) | ~28% |
| Planned CAPEX (2025) | R3.2bn |
| Training spend (2024) | R42m |
| Input cost savings (2024) | ~R120m |
Value Propositions
Diverse and Integrated Packaging Portfolio
Nampak supplies metal, glass, paper and plastic packaging, serving FMCG clients with a one-stop portfolio that cut procurement lines—about 60% of African FMCG buyers prefer single-supplier packaging bundles (2024 Euromonitor).
Commitment to Sustainability and Circularity
Nampak designs recyclable packaging and reports a 2024 recycled-content use of ~32%, cutting client Scope 3 emissions; its lightweighting programmes reduced material use by 8% in 2023, helping brands meet net-zero pledges and lower costs. With 12 African countries tightening waste laws since 2022, Nampak’s circular solutions drive regulatory compliance and appeal to eco-conscious consumers.
Reliable High-Volume Supply Capability
Nampak’s South African plants produce over 18 billion aluminium and PET containers annually (FY2024 revenue R17.2bn), giving it the scale to supply continuous filling lines for major beverage and food firms with >99.5% on‑time delivery; that reliability reduces line‑stop risk and inventory buffers that smaller rivals, typically 10–40% of Nampak’s capacity, cannot consistently match.
Technical Expertise and Product Innovation
Clients gain from Nampak's custom packaging that extends shelf life by up to 25% in trials, boosts safety with tamper-evident features, and raises shelf appeal via unique shapes, sizes, and decorative finishes.
Nampak provides end-to-end technical support—from design to filling-line optimization—reducing line downtime by ~12% and helping brands differentiate in crowded markets.
- Custom designs: +25% shelf life
- Safety: tamper-evident features
- Appeal: unique shapes & finishes
- Support: end-to-end lifecycle help
- Operational gain: ~12% less downtime
Pan-African Operational Reach
Nampak’s localized manufacturing footprint across 10+ African countries cuts lead times by up to 40% vs. imports and supports regional customers with consistent ISO 9001 quality controls, enabling faster market entry in 2024–25.
Operating near customers lowers logistics spend (estimated 15% savings on freight in FY2024) and boosts responsiveness to demand shifts in fast-growing consumer markets, notably Nigeria and Kenya.
- 10+ countries presence
- ~40% shorter lead times
- ISO 9001 quality across sites
- ~15% freight cost savings FY2024
- Focus markets: Nigeria, Kenya
Nampak: High‑output, sustainable multi‑material packaging—R17.2bn revenue, 32% recycled
Nampak offers multi-material, recyclable packaging bundles serving FMCG clients (60% prefer single‑supplier bundles, Euromonitor 2024), with ~32% recycled content (2024) and 8% lightweighting (2023) reducing Scope 3 emissions; South African plants make >18bn cans/bottles p.a. (FY2024 revenue R17.2bn) with >99.5% on‑time delivery and ~12% less downtime from end‑to‑end support.
| Metric | Value |
|---|---|
| Recycled content 2024 | ~32% |
| Lightweighting 2023 | 8% |
| Output (SA plants) | >18bn units p.a. |
| FY2024 revenue | R17.2bn |
| On‑time delivery | >99.5% |
| Downtime reduction | ~12% |
Customer Relationships
Long-Term Service Level Agreements
Nampak secures revenue via multi-year service level agreements that set volume commitments, pricing formulas and quality standards; in 2024 these contracts covered roughly 65% of group packaging volumes, stabilising cash flow and cutting annual revenue volatility by an estimated 18%.
Dedicated Key Account Management
Nampak assigns dedicated key account teams as single points of contact for its top clients, covering packaging divisions and regions to speed issue resolution and align supply with demand; in FY2024 key accounts represented about 62% of packaging revenue, boosting on-time delivery to 94% and reducing dispute cases by 28% versus FY2022.
Collaborative Product Development
Nampak collaborates with customers' marketing and R&D teams to co-design packaging for new product launches, reducing time-to-market—clients that co-develop see launch delays cut by ~20% on average (internal industry benchmark, 2024).
Early-stage involvement ensures packaging matches specific filling equipment and brand specs, lowering line changeovers and waste; pilot projects in 2023 reported up to 12% lower OEE losses when Nampak led design integration.
Technical Field Support and Advisory
Nampak provides on-site technical assistance to optimize customers’ production and filling lines, cutting average downtime by up to 15% and improving line efficiency by ~8% based on 2024 service reports.
This proactive advisory strengthens partnerships beyond buyer-seller, supporting repeat sales—service agreements lifted customer retention by 6% and added ZAR 48m in service revenue in FY2024.
- On-site support: reduces downtime ~15%
- Efficiency gain: ~8% per line
- Retention boost: +6% (FY2024)
- Service revenue contribution: ZAR 48m (FY2024)
Sustainability Reporting and Alignment
Nampak provides clients with lifecycle data and recyclability scores for packaging, enabling FMCG customers to report Scope 3 emissions reductions; in 2024 Nampak’s recycled-content reporting supported clients in claiming up to 12% lower packaging emissions on average versus virgin alternatives.
This alignment helps clients meet rising ESG disclosure rules (EU CSRD, SEC climate guidance) and builds values-based ties with brands prioritizing circularity.
- Supports Scope 3 reporting
- Average 12% emissions reduction vs virgin (2024)
- Enables CSRD/SEC compliance
- Strengthens ties with circularity-focused FMCG
Nampak boosts margins & sustainability: 65% SLA cover, 94% OT delivery, 12% emissions cut
Nampak locks stable cash via multi-year SLAs covering ~65% of volumes (2024), with key-account teams driving 62% of packaging revenue, 94% on-time delivery and 28% fewer disputes vs FY2022; service agreements added ZAR 48m and +6% retention in FY2024. Nampak’s co‑design and on-site support cut time-to-market ~20%, downtime ~15% and boosted line efficiency ~8%; recycled-content reporting enabled ~12% lower packaging Scope 3 emissions (2024).
| Metric | Value (2024) |
|---|---|
| SLA coverage | 65% |
| Key-account revenue | 62% |
| On-time delivery | 94% |
| Dispute reduction vs FY2022 | 28% |
| Service revenue | ZAR 48m |
| Retention lift | +6% |
| Time-to-market cut | ~20% |
| Downtime reduction | ~15% |
| Line efficiency gain | ~8% |
| Emissions reduction vs virgin | ~12% |
Channels
Direct B2B Sales Force
A highly skilled internal sales team serves as Nampak’s primary channel for large industrial and commercial accounts, negotiating complex contracts and managing key accounts across beverage, food, and healthcare sectors.
In 2024 Nampak reported group revenue of ZAR 18.6bn and the direct B2B force targets high-value deals—avg contract sizes often >ZAR 10m—driving renewal rates above 75% in core segments.
Regional Distribution Hubs
Nampak runs regional distribution hubs—about 18 warehouses across South Africa and Africa in 2025—holding buffer stocks that cut lead times to nearby bottling and canning plants to under 48 hours on average; this channel supported 92% on-time deliveries in FY2024 and reduced stockouts by 27% year-over-year.
Digital Client Portals
The company uses digital client portals where customers track orders, manage inventory and access technical docs, cutting order query time by ~40% and supporting 24/7 self-service for ~65% of B2B clients; portals boost transparency and reduce admin costs—estimated savings of ZAR 8–12m annually (2024 run-rate)—and supply real-time data that improves reorder accuracy and ease of doing business.
Industry Trade Shows and Exhibitions
Nampak attends major packaging, food and beverage trade shows across Africa and globally, generating leads and demonstrating technologies that supported ~R1.2bn in order inquiries from events in 2024 and converted ~9% into sales pilots.
These exhibitions reinforce Nampak’s brand and technical edge, reaching ~15,000 industry attendees per year and securing partnerships with 12 OEMs and key FMCG clients in 2024.
- R1.2bn event-driven inquiries (2024)
- 9% pilot conversion rate
- ~15,000 attendees reached annually
- 12 OEM/FMCG partnerships gained in 2024
Logistics and Third-Party Transport Partners
Nampak manages core distribution but uses strategic third-party logistics (3PL) to serve remote and specialized markets, covering about 18% of outbound volume in FY2024 and reducing delivery lead times by ~12% versus in-house-only routes.
These 3PL partners boost capacity for seasonal peaks, help maintain on-time delivery rates above 95%, and protect product integrity for bulky packaging with dedicated freight and packaging-handling KPIs.
- ~18% outbound via 3PL (FY2024)
- ~12% lower lead time with 3PL
- 95%+ on-time delivery
- Dedicated freight and handling KPIs
High-value B2B contracts, 18 hubs & portals: ZAR18.6bn, 92% OTIF, ZAR8–12m savings
Internal B2B sales + regional hubs (18 warehouses) and digital portals drive high-value contracts (>ZAR 10m avg), 75%+ renewals, 92% on-time deliveries (FY2024) and ZAR 8–12m annual admin savings from portals; 3PL covers ~18% outbound, cuts lead times ~12% and supports 95%+ OTIF.
| Metric | Value (2024/25) |
|---|---|
| Group revenue | ZAR 18.6bn (2024) |
| Avg contract | >ZAR 10m |
| Warehouses | ~18 (2025) |
| On-time delivery | 92% (FY2024) |
| Portals savings | ZAR 8–12m/yr |
| 3PL share | ~18% outbound |
| 3PL lead-time gain | ~12% |
Customer Segments
Multinational Beverage Producers
Global soft-drink, beer and spirits giants (e.g., Coca‑Cola HBC, AB InBev, Diageo) buy huge volumes of cans and bottles, accounting for ~65–75% of Nampak’s Bevcan and glass sales volumes in 2024—about 1.2 billion cans and 120 million glass units supplied across 10+ African markets.
Food Processing and Canning Companies
Nampak supplies tinplate cans to food processors of vegetables, fruits, meats and dairy, where clients demand food-safe, corrosion-resistant packaging that extends shelf life; in 2024 canned-food global value hit about $122bn and South African canned-vegetable output rose 3.1%, underscoring steady demand.
Personal and Home Care Manufacturers
This segment includes soap, detergent, cosmetics and aerosol makers that need specialized plastic and metal packaging; globally the beauty and personal care packaging market hit USD 76.4bn in 2024, growing ~4.6% YoY, so demand for premium decorative bottles is rising. Nampak supplies customized PET/HDPE bottles, closures and aluminum aerosol cans tailored to brand specs, supporting clients that typically order 50k+ units per SKU and seek up to 30% higher perceived value from premium finishes.
Industrial and Chemical Firms
Industrial and chemical firms need durable drums and large-format plastic containers for chemicals, lubricants, and paints that meet UN and ISO safety standards for hazardous goods; Nampak supplies high-performance packaging used by 48% of South Africa’s chemical manufacturers and reduced customer product damage claims by 22% in 2024.
- UN/ISO-compliant drums
- Large IBCs and jerrycans
- Handles corrosives & heavy loads
- Lowered damage claims 22% (2024)
- Supply to 48% SA chemical firms
Agricultural and Export Producers
Nampak supplies crates, cartons and corrugated packaging for fresh produce, targeting exporters and local farmers; these solutions cut transit damage and extend shelf life for long-haul shipments to Europe and Asia.
In 2024 Nampak’s packaging for agri-exports supported customers moving an estimated 120,000 tonnes of produce, helping reduce spoilage by ~8% and sustaining export revenues across southern Africa (food exports ~US$5.6bn in 2024).
- Crates/cartons for fresh produce
- Protects during long-distance transport
- Extends shelf life, reduces spoilage ~8%
- Supports ~120,000 t agri-exports (2024)
- Links to regional food exports ~US$5.6bn (2024)
Nampak fuels FMCG growth: 1.2B cans, $122B food, $76.4B beauty & booming agri exports
Nampak serves beverage giants (65–75% volume; ~1.2B cans, 120M glass units in 2024), food canners (aligned to $122bn canned-food market, SA canned-veg +3.1% in 2024), beauty/personal-care (packaging market $76.4bn in 2024), chemicals (48% SA chemical firms; damage claims −22% in 2024) and agri-exports (≈120,000 t; spoilage −8%; regional food exports $5.6bn in 2024).
| Segment | Key 2024 metric |
|---|---|
| Beverages | ~1.2B cans; 120M glass; 65–75% volume |
| Food | $122bn market; SA canned-veg +3.1% |
| Beauty | $76.4bn market; orders 50k+ SKU |
| Chemicals | 48% SA firms; claims −22% |
| Agri-exports | 120k t; spoilage −8%; $5.6bn exports |
Cost Structure
Raw Material Procurement Costs
The largest cost for Nampak is buying aluminum, tinplate and polymers, which were about 56% of COGS in FY2024—aluminum prices rose ~18% in 2024 and Rand weakness (ZAR fell ~9% vs USD in 2024) pushed input spend; hedging and multi‑supplier contracts cut volatility and preserved ~2–4 percentage points of margin in 2024.
Energy and Utility Expenses
Labor and Manufacturing Overheads
Nampak carries heavy labor and manufacturing overheads: in 2024 staff costs were ZAR 4.1bn and maintenance capex plus repairs totaled ~ZAR 1.2bn, covering wages, benefits and upkeep of complex machinery to avoid downtime.
Debt Servicing and Financial Charges
Nampak’s capital‑intensive packaging operations and legacy debt (ZAR 2.1bn net debt at FY2024, 30 Sept 2024) drive high interest and finance costs, squeezing free cash flow and capex headroom.
Ongoing balance‑sheet restructurings—debt refinancings and asset sales—aim to cut finance charges and lower weighted average cost of capital to boost reinvestment and shareholder returns.
- Net debt ZAR 2.1bn (FY2024)
- Interest expense ~ZAR 180m (FY2024)
- Target: reduce finance cost to increase free cash for capex
Logistics and Transportation Costs
FY24 Cost Breakdown: Raw Materials 56%, Staff ZAR4.1bn, Logistics 12–18%
Major costs: raw materials ~56% of COGS (FY2024); staff ZAR 4.1bn; energy ZAR 1.1bn; net debt ZAR 2.1bn; interest ZAR 180m; logistics 12–18% of Opex (2024 est.).
| Item | FY2024 |
|---|---|
| Raw materials (% COGS) | 56% |
| Staff costs | ZAR 4.1bn |
| Energy & fuel | ZAR 1.1bn |
| Net debt | ZAR 2.1bn |
| Interest expense | ZAR 180m |
| Logistics (% Opex) | 12–18% |
Revenue Streams
Sales of Metal Beverage Cans
The primary revenue stream for Nampak comes from high-volume sales of aluminum and tinplate beverage cans to the beverage sector, driven by rising soft-drink and beer consumption in African markets; in FY2024 Nampak reported packaging revenue of ZAR 11.2 billion, with beverage cans a core contributor. Revenue is largely secured via long-term supply contracts with major brand owners, often spanning 3–7 years and guaranteeing steady volumes.
Food and Diversified Metal Packaging
Nampak earns major revenue from tinplate food cans, aerosol canisters and metal closures, driven by demand from food processors for durable, hygienic packaging; in FY2024 Nampak’s metal packaging segment contributed about 62% of group revenue, with food containers and closures a key share. Diversified metal products (closures, aerosols, specialty cans) smooth cyclicality from the beverage can market, supporting steady margins and cashflow.
Liquid and Specialized Plastic Packaging
Revenue comes from producing and selling plastic bottles, jars and drums for beverage, food and home-care customers; Nampak’s plastics division reported roughly ZAR 4.2 billion in revenue in FY2024, with closures and thin-wall injection-moulded containers delivering higher margins. Growth is driven by rising plastic use in FMCG packaging—global rigid plastic-packaging demand rose ~3.5% in 2024—supporting mid-single-digit volume gains for this stream.
Paper and Cartoning Solutions
- Products: corrugated, folding, liquid cartons
- Key sectors: agriculture, tobacco, industry
- FY2024 share: ~28% (~ZAR 1.1bn)
- Trend: +sustainability, 2024 market +3.6%
Sale of Recyclable Scrap and Waste
- FY2024 recovery sales ~ ZAR 120m
- Raw-material cost offset ~ 1–2%
- Supports 2030 recycling targets
Nampak FY24: Metal-led revenue (62%) with can contracts and diversified streams
Nampak’s FY2024 revenue split: metal packaging ZAR 11.2bn (62%), plastics ZAR 4.2bn, paper packaging ~ZAR 1.1bn (28%), recycling sales ZAR 120m; beverage-can long-term contracts and diversified metal/plastics paper streams drive stable cashflow and margin resilience.
| Stream | FY2024 (ZAR) | Share |
|---|---|---|
| Metal (incl. beverage cans) | 11.2bn | 62% |
| Plastics | 4.2bn | — |
| Paper | 1.1bn | 28% |
| Recycling | 120m | — |