0047 GMT - High-end glass bottle manufacturer Saverglass is showing signs of life after a difficult start under Orora's ownership, but tariffs are clouding the outlook. Saverglass has its strongest order book in 18 months, driven by demand in North America for bourbon and tequila. "However, order book lift needs to flow through to sales and tariffs are now a complicating factor," Macquarie says. "Saverglass has production agility across its global network to manage potential tariff impacts." Macquarie has an outperform call on Orora, which is down another 0.2% today. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
February 13, 2025 19:47 ET (00:47 GMT)
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