Elopak

Today we are proud to present all-time high revenues in the third quarter. The revenue growth comes from Pure-Pak® carton and closure volume growth in Europe and Americas, both through new business and increased market share, as well as strong filling machine sales. Q3 2024 highlights: · All-time-high quarterly revenues of EUR 292.8 million (EUR 283.5 million) with an organic revenue growth of 3.6% · Continued strong profitability with EBITDA of EUR 45.4 million and margin of 15.5% · “Repackaging tomorrow” strategy and new mid-term targets presented at Elopak’s first Capital markets day in September · Decision to invest additional USD 25 million in second production line in the new US plant Commenting on the performance in Q3, our CEO Thomas Körmendi said: “Recording all-time high quarterly revenue in a quarter with challenging market conditions where consumer spending is strained in many markets and capacity constraints and supply chain challenges in the Americas, demonstrates the resilience of our revenue run rate”. Learn more about our Q3 financial results? https://lnkd.in/dAPat3wf

The most popular dairy brand in Romania, Napolact, has undergone a complete rebranding and relaunch of its product range – including 14 of its fresh milk products in Pure-Pak® Sense cartons. “The change to Elopak was initially driven by the requirement to add tethered caps to all our cartons. Elopak gave us the complete filling and packaging solution delivering more production efficiency and product quality plus a new premium and modern pack across the whole milk range,” says Gabriela Nicut-Runcan from FrieslandCampina. Read more about our collaboration here: https://lnkd.in/d5wcVsQX

If you view packaging simply as a container for your product, it’s time for a fresh perspective. Your packaging is often your brand’s first—and potentially only—opportunity to make a lasting impression. Whether your product is displayed on a store shelf or delivered to a customer’s doorstep, it’s in direct competition with everything around it. Your packaging should act as a constant ambassador for your brand—capturing attention, conveying your message, and ultimately driving purchase decisions. Ready to impress? https://lnkd.in/dETSR75P

As a UN Global Compact participant, we are firmly committed to the UN Sustainable Development Goals (SDGs). We especially focus on the goals of climate action, sustainable consumption and production, and decent work and economic growth, as well as partnership for the goals. The UN Day offers a chance for companies to reflect on their progress in supporting these goals and how we can all do better in the year ahead. This year, Elopak was proud to report a 33% reduction in our direct emissions since 2020, helping us towards our goal of becoming a net zero company by 2050. We were delighted that our CEO Thomas Körmendi was invited to this year’s UN Private Sector Forum in New York to discuss progress towards the SDGs and other ways in which companies can contribute towards combatting climate change and promoting sustainable development. #SustainableSolutions #UnitedNationsDay #BetterPlanet 

👋Meet Nino!    With nearly 15 years of experience, Nino Van der Starre is on a mission to ensure that our employee returns home safely, every day. From his beginnings as a Service Coordinator to his current role as Safety Officer, Nino has become an expert in fostering a safe workplace.     Learn more about how Nino is making this real https://lnkd.in/dTUhizvM #MeetThePack #JoinUs #PackagingByNature

At Elopak, safety is more than just a priority – it's a core value. It's a key license to operate and a part of being a sustainable company. This week, as part of our annual safety week, we focus on "Taking care of everyone," highlighting our shared responsibility to create a safe environment for ourselves and our colleagues.    The people at Elopak are our most valuable asset. Ensuring employees' well-being is not only about following safety protocols but also fostering a culture where everyone looks out for and cares for each other.    Our commitment to safety is one of our ambitious targets in our newly revised strategy, Repackaging tomorrow. As a part of our people, planet, profit targets, we have set dedicated targets to increase the safety of our employees. We make no compromise when it comes to safety, and by 2030, our goal is to lower our total recordable incidents (TRI) by 30%.    Reaching our safety targets will take dedication, innovation, and, most importantly, the collective effort of everyone in ‘the pack’ at Elopak. Each one of us plays a crucial role in continuously improving our safety standards, shaping a future where everyone can thrive in a secure, supportive environment.    Together, we are building a safer, more sustainable tomorrow – one step at a time. 

Known for their goat milk, the family run St. Helen’s Farm is now stepping into the cow milk market with their SuperNutrio, a high-protein, high-calcium option for health-conscious consumers. Packaged in our fiber based Pure-Pak® Sense cartons, this product is designed for those looking for extra nutrition without compromising on convenience or sustainability. “We continue to pack our products in Pure-Pak® cartons which already contain less plastic than traditional plastic milk bottles and the new tethered cap helps to further reduce plastic waste,” says Katy Gray, Head of Marketing at St. Helen's Farm. Read more here: https://lnkd.in/dtbFQcA8

How can juice brands stay ahead of the innovation race? Rethinking the way we package products has never been more relevant. This week, our CEO Thomas Körmendi is the keynote speaker during #TheJuiceSummit in Antwerp, Belgium. In his presentation, he will share insights on what successful beverages are doing to innovate and meet increased sustainability expectations. Come and say hello to our team and hear more about how you can position your brand successfully for the future!🍊 #SustainableSolutions #RepackagingTomorrow #LessPlastic

Thank you Thomas Körmendi, CEO of Elopak, for joining ESG News CEO Matt Bird to discuss how meeting emissions reduction targets is driving growth for sustainable packaging. Over $1.2 billion USD in revenues, 4%-6% growth projected, while Elopak enhances scope-3 benefits to customers. ✨ Elopak distributes more than 15 billion milk cartons annually and is making material changes to packaging, process, and materials. It is a must-watch. 🎧 Bookmark for later or listen today! https://lnkd.in/gbB7YYdS Special Thanks to Datamaran CFA Institute The Nest Climate Campus Climate Group Host: Matt Bird Marjella Lecourt-Alma George Chichester Bent Axelsen Thea Corwin Bristøl Uwe Schulze Ivan Ferrini Ivar Jevne Lionel Ettedgui Finn Tørjesen Dan Thomas Michael Fabiano Hague van Dillen Ted Lunney Marina Bird Caroline Fabiano Melike Ayan Liam Marais Ray Murphy Ted Rodormer #Elopak #SustainablePackaging #ESG #Plastics #Packaging #CircularEconomy #Sustainability #ClimateWeekNYC #ESGNews #NetZero #Norway #Europe

💡 Did you know 97% of consumers prefer D-PAK™ as a refill compared to alternative solutions? They find D-PAK™ cartons superior to other alternatives in terms of opening, pouring and re-closing. Our fiber-based carton is seen as a more unique and innovative form of packaging. We call that a winning combination! Learn more about our solutions here: https://lnkd.in/dkJDX6Me #PackagingByNature #SustainableSolutions #LessPlastic