January–September 2023 (compared to 1–9/2022) *Sales were EUR 1,519.2 million (1,879.7). *The comparable operating result was EUR 121.5 million 420.0), or 8.0% of sales (22.3). Operating result was EUR 121.0 million (436.8). *Comparable earnings per share were EUR 0.26 (0.90), and earnings per share were EUR 0.26 (0.94). *Comparable return on capital employed was 6.7% (23.0). *Net cash flow from operations was EUR 218.6 million (161.7). July–September 2023 (compared to 7–9/2022) *Sales were EUR 479.0 million (647.3). *The comparable operating result was EUR 5.5 million (152.5), or 1.1% (23.6) of sales. Operating result was EUR 3.1 million (153.4). *Comparable earnings per share were EUR 0.02 (0.33), and earnings per share were EUR 0.01 (0.33). *Comparable return on capital employed was 1.3% (24.7). *Net cash flow from operations was EUR 76.6 million (66.4).
World-class paper and board packaging manufacturer Detpak has partnered with U.S.-based Eco-Products® to provide industry-leading sustainable packaging solutions in Australia and New Zealand.
The partnership brings together a wealth of experience, with Eco-Products bringing a more than 30-year history in compostable foodservice products to complement a leading range of sustainable packaging solutions from Detpak.
Chief Executive Officer of parent company Detmold Group, Alf Ianniello, said the partnership was an important development in Detpak’s ongoing commitment to customers.
“It is my pleasure to announce that Detpak will partner with Eco-Products,” Alf said. “Detpak has long been an innovator of paper and board products and is an industry leader in the development of recyclable product solutions.
“Our approach has always kept our customers front of mind, and this partnership provides the best in innovation in the compostable packaging space, alongside extensive product knowledge and history, and a robust and reliable supply chain,” Alf added. “We look forward to providing a comprehensive range of products, which are all responsible by design.”
The partnership will see new items added to the Detpak range, supplied by award-winning and certified B Corp business Eco-Products, whose assortment of products includes compostable cups, take-out containers, tableware and other foodservice packaging options.
“As a leader in environmentally preferable foodservice packaging, we offer ethically sourced products made from renewable materials that meet stringent global standards for compostability or recyclability. That means each item can be returned to the earth or made into something new,” Eco-Products President Ian Jacobson said. “We believe sustainability is a journey and are committed to a world where we work together to put waste to work.”