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Winpak Ltd. Announces Consolidated Results.

WINNIPEG, Manitoba--(BUSINESS WIRE)--Oct. 29, 1996--WINPAK LIMITED (TSE:WPK) The Directors of Winpak Ltd. announce the Company's consolidated results for the nine months ended September 30, 1996. -0-

 9 months to Year Ago
 September 30, 1996
 ------------------ ---------

Revenue $214,102,000 $211,058,000
Net Profit 8,442,000 8,008,000

Net Profit/Share 1.30 1.23

Average shares
 outstanding 6,500,000 6,500,000

 3 months to Year Ago
 September 30, 1996
 ------------------ -------------

Revenue $ 71,776,000 $ 70,404,000
Net Profit 2,188,000 2,108,000

Net Profit/Share 0.34 0.32

Average shares
 outstanding 6,500,000 6,500,000

Winpak Ltd. manufactures and distributes high-quality packaging materials and machines for the protection of perishable food, beverage and dairy products, and for use in non-food markets such as pharmaceutical and complex industrial applications.

C. Sharp, Vice President, Finance

CONTACT: Winpak Limited

C. Sharp, 204/831-2254

204/888-7806 (FAX)


Winpak Limited

J.R. Lavery, 204/831-2221

204/888-7806 (FAX)
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Publication:Business Wire
Date:Oct 29, 1996
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