In the beverage industry, smart companies have been responding to the clean label movement for years. But did you know that shoppers, especially Millennials, consider the packaging as an extension of the ingredient list? Are you giving them the clean packaging they’re looking for?
Click this link to find out four critical statistics.
read more/source: http://evergreenpackaging.com/fresh-news/shoppers-seek-clean-labels-and-clean-packaging/
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*Revenue growth of 11% *EBITDA of €781 million with an EBITDA margin of 16.7% *Corrugated growth of over 10% and over 9% versus 2020 and 2019 respectively *Accelerating investment plans to meet customer needs and capitalise on growth *Agreement to acquire 600,000 tonne recycled containerboard mill *Strong and progressive corrugated price recovery offsetting significant input cost increases *Interim dividend increased by 5% to 29.3 cent per share. Tony Smurfit, Group CEO, commented: “I am pleased to report a strong first half performance with revenue growth of 11%, EBITDA of €781 million and an EBITDA margin of 16.7%. Growth in corrugated was over 10% against the same period in 2020 and over 9% on 2019 and we continue to see strong demand for our core products.
Q3 2021 Highlights *Net Sales were $1,782 million versus $1,698 million in the prior year quarter. *Net organic sales declined 1% during the quarter as supply chain and labor market constraints delayed sales; remain on track to achieve approximately 200 basis points of full year organic sales growth. *Net Income was $73 million versus $64 million in the prior year quarter. *Executing approximately $650 million in pricing actions to address commodity input cost inflation. *AR Packaging acquisition expected to close November 1st. *Coated recycled paperboard production on new K2 machine in Kalamazoo, Michigan on track for start-up in the fourth quarter.
Billerud presents a machine glazed kraft paper especially adapted and validated for wrapping toilet and kitchen paper rolls. Hitting the sustainability sweet spot – renewable, recyclable and biodegradable, but also enduring tough handling as good as any PE plastic. Toilet and kitchen paper rolls are consumed in enormous numbers every day. For brand owners, switching from plastic to this paper wrapping would mean a significant sustainability gain. But also, for meeting consumer preferences. An Ipsos Global survey of 20 000 consumers (2021) shows that three out of four consumers want to get rid of single-use plastics. So, this new alternative from Billerud is a strong tool to decrease the gap between brands and consumers. Sustainability and a low carbon footprint are obvious strengths, but the new wrapping has more up its sleeve. Billerud’s white, long, soft virgin fibers enable excellent printability. The packaging will certainly stand out on the shelf.