Ranpak lands second major e-commerce deal of 2025

The development programme for Metsä Board's white kraftliner mill in Kemi has been completed in parallel with Metsä Fibre's new bioproduct mill. Metsä Board and Metsä Fibre are part of Metsä Group. In addition to increasing the mill’s capacity by 40,000 tonnes per year, the development programme will reduce the mill's energy consumption by 5% and water consumption by around 40% per tonne produced. The Kemi paperboard mill is the world's largest producer of coated white top kraftliner and its products are used as a surface material for corrugated packaging worldwide. The development programme will increase Kemi’s annual production capacity of white kraftliners to 465,000 tonnes, with the majority being sold in Europe and North America.

AptarGroup, Inc. reported strong first quarter results driven by continued growth of the company’s proprietary drug delivery systems, increased injectables sales and an improving picture for consumer dispensing technologies in North America. Reported sales increased by 6% and core sales, excluding currency and acquisition effects, increased by 5%. Aptar reported net income of $83 million for the quarter, a 52% increase over the prior year. Reported earnings per share increased 50% to $1.23 and adjusted earnings per share increased 31% to $1.26. “We are off to a great start for the year. Strong sales growth in our Pharma business and continued margin expansion in our Beauty and Closures businesses helped us achieve double-digit earnings per share growth over the prior year quarter. Our Pharma segment continued to see healthy market demand and our proprietary drug delivery systems continued to show robust growth after growing more than 30% in the prior year quarter. Additionally, North America showed positive momentum across all three segments. Our teams remain focused on cost management and improved operational leverage, and were able to decrease selling, general and administrative (SG&A) expenses as a percentage of sales over the prior year quarter,” said Stephan B. Tanda, Aptar President and CEO, commenting on the first quarter results.

January–December 2021 (compared to 1–12/2020) • Sales were EUR 2,084.1 million (1,889.5). • Comparable operating result was EUR 386.6 million (221.2), or 18.6% (11.7) of sales. Operating result was EUR 375.9 million (227.3). • Comparable earnings per share were EUR 0.85 (0.46), and earnings per share were EUR 0.82 (0.48). • Comparable return on capital employed was EUR 18.7% (12.2). • Net cash flow from operations was EUR 329.6 million (307.7). October–December 2021 (compared to 10–12/2020) • Sales were EUR 518.5 million (473.1). • Comparable operating result was EUR 91.3 million (64.5), or 17.6% (13.6) of sales. Operating result was EUR 90.8 million (64.5). • Comparable earnings per share were EUR 0.20 (0.14), and earnings per share were EUR 0.19 (0.14). • Comparable return on capital employed was 16.1% (14.3). • Net cash flow from operations was EUR 119.7 million (81.0).