UPM Raflatac has expanded its security labels range on the European market with the addition of two new ultra-destructible (UD) film labels. These films help to meet increased demand from brand owners for more secure labeling solutions and pharmaceutical applications. Expanding upon traditional UD solutions, they incorporate innovative tamper resistance and a more sustainable non-PVC construction, and are suitable for a variety of applications. When alteration or removal from the substrate is attempted, the brittle nature of the film makes it impossible to remove the label in one piece. This serves to authenticate products and protects brands by flagging tampering at any stage in the supply chain. Get additional detail by clicking Read More below.
Amcor’s CEO Mr Ron Delia said: “Amcor had a good first half year with earnings growth in line with our expectations and balanced across the Flexibles and Rigids packaging segments. Cashflow and the balance sheet also remained strong and the interim dividend increased to 21.5 US cents per share.
“Some of the highlights within Amcor over the last six months include further improvements in our world class safety performance, with the number of recordable cases decreasing by 20% compared with last year, continued sales growth with multinational and regional customers and in healthcare packaging globally and strong earnings growth in emerging markets.
“We remain on track to deliver against the full year outlook we provided in August 2018, which has not changed. In the 2019 financial year we expect both the Flexibles and Rigids segments to achieve solid underlying earnings growth in constant currency terms, and cash flow is expected to be strong.
“Amcor is uniquely positioned in the packaging industry with scale and leadership positions in both flexible and rigid packaging, a broad, global footprint and leading innovation capabilities. By combining with Bemis, there is a unique opportunity to further strengthen our industry leading value proposition for customers and employees, and to deliver the most sustainable innovations for the environment. Significant value will also be created for shareholders through USD 180 million of cost synergies and a stronger financial profile going forward, including higher margins and cash flow and the potential for higher growth. Significant progress has been made towards completing the transaction, which is expected in the second quarter of calendar year 2019.
“The opportunities ahead for Amcor are substantial and we look forward to building an even stronger future with our new Bemis colleagues and customers.”
details at: https://www.amcor.com/about/media-centre/news/amcor-half-year-results-2019