Sappi sales sink
across all markets

Packaging+paper volumes
decline caused profit plunge

Sappi tthe $5.4Bn South African based international paper and packaging maker, reported declining prices but steady volumes in Q4'25. Whilst acknowledging the business is under pressure, CEO Steve Binnie's commentary said little about restoring packaging power or developing new paper product categories or markets.. Full analysis here, first

AveryDenn labels
demand flattens

Materials sales down
Intelligent labels robust

Avery Dennison the $8Bn labels & RFID tags maker, reported flat results again in Q4'25 both in materials & solutions sales. CEO Deon Stander 
commented complacently "we delivered a solid quarter" when both sales and profits growth were soft? Full analysis here, first 

Amcor boosted
by  B e r r y  buy

Sales volume and profits
down; integration begins

Amcor acquired Berry Global, the leading $10Bn protective packaging maker in April. CEO Peter Konieczny commented "“The acquisition  transforms our ability to createsignificant value for our customers. Feedback has been positive and resulted in business wins directly linked to this $20Bn sales combination. Full Q2'26 Financial Report Analysis here, first 

Cascades cuts
pack'g capacity 

Crown consolidates BC
corrugated conversions

Cascades the leading Canada based, tissue & packaging boardmaker is committed to optimize its operations and reduce its debt. It has agreed  to sell its corrugated packaging plant located in Richmond, British Columbia to Crown Paper. Given its geographic position, the plant offered synergy potential with Crown's current footprint. Full story here, first 

International Paper
unravelling  f a s t

Paper div sold, buys DSSmith;
now plans NA/Europe split?

International Paper the leading packaging maker, reported revenue boost from DSSmith acquisition; pulp operations sale; and.now planning NA/EU ops split? Obscure CEO Andy Silvernail strangely failed to breakdown organic growth and the acquisition effect? Is he shifting deckchairs heading for icebergs?  Full Report analysis here, first 

PCA Packaging
volume in decline

CEO expects higher prices.
Buys competitor for $1.8Bn

Packaging Corp (inc.Boise) the US #3 packaging & papermaker reported improved results in Q4'25. Complacent ceo Mark Kowzlan commented '“Corrugated shipments during the quarter were slightly down from record 2024 level"  Full analysis here, first 

Packaging market
prices to hike 7%

Capacity cuts, static demand

a recipe for higher profitability

International packaging market leaders International Paper, PCA & Smurfit Westrock plan to increase prices in concert by 7% on Mar1. This follows similar increases in early 2025. These hikes stoke inflation and boost profitability disguising volume declines akin to historic copy paper trend. Full analysis here, first

OptiGroup off the
growth pace '2024

Swedish reseller buys 1st
packaging distributor '25

OptiGroup the  €1.4Bn European FM/HyPac/Meds distributor reported FY'24 results inc 4 acquisitions, but suffered a -4% revenue fall. New CEO Henrik Hjalmarsson continued the acquisition program with another last June.  We hope to speak with him shortly about progress and future plans. Full report analysis here, first

SealedAir bubbles
up on takeover talk

PEfirm CD&R, Veritiv owner,
to take weak packager pvt?

The market cap of Sealed Air climbed 20%+ after WSJ reported PE firm Clayton Dubilier & Rice is in talks to take the packaging maker private. Speculation has been rising recently as complacent ceo Dustin Semach has overseen a loss of market share in a buoyant market. Full story here, first 

CCL label sales
bounce back big

Demand strong except
soft Avery & Innovia sales

CCL Industries (inc.Avery) the $8Bn in sales specialist packaging and label maker, maintained strong demand in Q3'25. CEO Geoff Martin commented "Given the challenging geopolitical and highly disrupted trade environment, I'm very pleased with results". Full report analysis here, first