Smurfit Kappa’s Bag-in-Box packaging is perfectly suitable for sanitiser due to it being a hygienic, easy-to-use and flexible solution that is available in a range of sizes from 1.5 to 20 litres and is suitable both for end consumers or as a refill solution. Furthermore, Bag-in-Box’s high performance films have a high oxygen barrier to protect products from air and light so the hand sanitiser’s physical and chemical properties remain intact. The packaging also brings a number of environmental benefits including the ability to optimise the supply chain and reduced weight and plastic in comparison to other traditional packaging. For instance, a 5L Bag-in-Box pack uses 54% less plastic than to a 5L PET bottle.
*Net sales of $1.4 billion, up 12% as reported; up 15% constant currency
*Net earnings of $150 million, up 41%; EPS of $1.00, up 47%
*Adjusted EBITDA of $327 million, up 22%; Adjusted EPS of $1.12, up 43%
*Cash flow from operations of $48 million, down 39%
*Accelerating growth investments, CapEx of $67 million, up 53%, in 2022
SEE (NYSE: SEE) today announced financial results for Q1 2022.
“Our SEE Operating Engine delivered strong Q1 performance as we accelerate our transformation to a world-class, digitally driven company automating sustainable packaging solutions.
We are proud of our people and their determination to overcome extreme inflationary pressures and widespread supply challenges while delivering exceptional results,” said Ted Doheny, SEE’s President and CEO.
“We recently launched our new Digital Packaging Solutions brand prismiq™ to create game-changing value for our customers powered by our breakthrough digital printing technology,” continued Doheny.
details at: https://ir.sealedair.com/news-releases/news-release-details/see-reports-q1-2022-results