Details

3 Aug 23

Updated: 28 Aug 23

Mondi marred as

pkg demand sinks

Market price disinflation
exacerbates lower volumes

Mondi Group, the €9Bn in sales international paper & packaging maker reported inflated packaging and paper sales boosted by high price hikes in Q2'23. ceo Andrew King commented on its sustainable activity whilst playing down the volume decline and disinflation effects

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2 Aug 23

Updated: 28 Aug 23

Smurfit boxed in,
saved by inflation

Europe #1 provider steady;
making new investments

Europe’s largest paper packaging solutions provider Smurfit Kappa Group (SKG) reported weak demand whilst expanding in Eastern international markets. High levels of inflation are receding, disguising volume declines. CEO Tony Smurfit commented on a resilient performance and market share gains.

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27 Jul 23

Updated: 28 Aug 23

IP Packaging sales
and profits plunge

Steep volume declines
plus price diisnflation 

International Paper, the leading packaging maker, spun off its printer paper division, renamed Sylvamo in Q4'21.  CEO Mark Sutton continued the reinvention focus on becoming an global packaging powerhouse, but suffered lower volumes exacerbated by price disinflation

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27 Jul 23

Updated: 28 Aug 23

C r o w n  transit
packaging weak

Global can volume growth
steady in beverage mkts

Crown Holdings the $13Bn beverage can and transit packaging giant reports Q2'23 financial results tomorrow. Tim Donahue, ceo stated, "The operating environment remained challenging and global beverage can shipments advanced with North America up modestly". Results analysis 0900ET tmrw

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25 Jul 23

Updated: 28 Aug 23

AveryDen labels

volume lagging

Solutions sales decline.
Intelligent labels strong

Avery Dennison, the $9Bn labels & RFID tags maker, continued to report weaker results in Q2'23, with imaterials and solutions sales decline. CEO Mitch Butler strangely commented favourably on disappointing results?

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24 Jul 23

Updated: 28 Aug 23

PCA Packaging
volumes plunge

Complacent ceo disguises
decline as prices plunge

Packaging Corporation (inc. Boise) the US #3 packaging & papermaker reported declining volumes and pricing in Q2'23. Complacent ceo Mark Kowlzan commented on "outstanding employee effortst" as market share continued to shrink and capacity closes.  Full analysis here...

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21 Jul 23

Updated: 28 Aug 23

Stora sinks as
pkg mkt plunges

Invests in packaging ops
& acqs as prices drop

Leading global packaging maker Stora Enso sales plunged in Q2'23 causing huge operating l;oss.  Weaker containerboard demand and disinflation from Covid induced highs were the primary causes claimed by ceo Annica Bresky. Full analysis and comment here...

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22 Jun 23

Updated: 23 Jun 23

DSSmith demand
down, profits up 

Packaging giant benefits
from huge 20% price hikes

DSSmith, the $8Bn European packaging giant and ex-owner of Spicers (until 2011), posted strong Q4'23 profits on declining demand tin Q4'23 to 30Apr'23. CEO Miles Roberts said it was boosted by double digit price rises in its ecommerce packaging business...

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2 Jun 23

Updated: 2 Jun 23

Packaging market
prospects thru'28

Summit rethinking drive
for sustainable materials

Details

2 May 23

Updated: 31 May 23

MacFarlane boosts
packaging power

Growth driven by specialist
acquisitions. Pipeline firm

UK packaging giant MacFarlane Group continued its organic and acquisitive growth. CEO Peter Atkinson commented on progress and details of its latest acquisition and the pipeline of new prospects. We discuss growth plans with Atkinson