It said headline earnings per share (HEPS) for the year ended September 2015 would fall by between 20% and 24% from HEPS of 234.7c reported in the year-earlier period.
"During the 2015 financial year, Nampak significantly streamlined its portfolio. This process was accompanied by a strong focus on cost management and operational efficiency improvements within the remaining divisions," said CEO André de Ruyter.
"Operating challenges initially experienced at our glass facility were substantially resolved by year-end, and the higher than anticipated spoilage rates at the Springs beverage can operation were brought under control.
"The legacy of these operational challenges has, however, had a negative impact on our earnings" said Ruyter.
Nampak said outside of SA, the company continued to navigate a "challenging" macroeconomic environment. It said currency issues in countries where it operates - namely Angola and Nigeria - have had an impact on its ability to repatriate earnings from those operations.
The economies of Africa's largest oil producers are struggling to cope with crude prices below $50 a barrel, with the commodity accounting for the bulk of government revenue and almost all export earnings.
In Nigeria, the regulator has restricted some imports and introduced rules to limit trading to prevent dollars fleeing the country.
Nampak is Africa's largest diversified packaging manufacturer by volume and revenue.
In the past year, Nampak shares have shed 52% of their value.
At 11.45am, Nampak was trading at R21.25, valuing the company at about R15.2bn.
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