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 volumes and pricing in Q2'25. Complacent ceoMark Kowzlan commented 'optimistically' expecting "demand and prices to increase in the second half".  Full analysis here, first 

Stora packaging 
prices/volumes flat

Will CEO focus on long term
growth or STerm  profitability?

C r o w n  transit
packaging steady

Global can volume growth
steady in beverage mkts

Crown Holdings the $12Bn beverage can and transit packaging giant reported steady Q2'25 financial results. Tim Donahue, ceo reported "Strong performance, led by Americas & European Beverage and the North American Tinplate businesses". Results analysis here, first 

AveryDenn labels
demand slowdown

Materials sales steady
Intelligent labels robust

Avery Dennison the $8Bn labels & RFID tags maker, reported slower results again in Q2'25 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 

IP indicted for
'brutal' closures 

DSSmith packaging plants
cull "to optimise resources" 

Packaging powerhouse International Paper (IP) buyer of DS Smith, the European packaging giant (ex-owner Spicers) has put  of jobs on the line after its $8Bn acquisition; and said 5 UK sites could shut in a move described as “brutal”. CEO Andy Silvernail blamed “tough trading conditions”...really? Full story here, first

CCL label sales
bounce back big

Demand rebounds across
all divs. Avery down slightly

CCL Industries (inc.Avery) the $6Bn in sales specialist packaging and label maker, maintained strong demand in Q1'25. CEO Geoff Martin commented "all our segments performed well, notably strong for our CCL and Innovia segments". Full report analysis here, first 

SealedAir packng
demand declines

Food mkt sales slowdown
Protective mkt sales weaker

Sealed Air the $5Bn+ maker of protective packaging for Food & FM products reported volume declines in Q1'25, especially in protective markets with  food packaging steady. Complacent new CEO Dustin Semach said "results ahead of expectations from continued execution on fundamentals." Full analysis here, first 

Berry: sales volume 
slows below market

Busy mergers/spin-off activity.
Amcor takeover sched Sept

Berry Global, the leading $10Bn protective packaging maker reported slowing demand in Q1'25. CEO Kevin Kwilinski commented "our transition to a more streamlined provider of consumer packaging solutions is underway" and the completion of the Amcor merger. Full Report Analysis here, first

IP Packaging sales
vol down.Prices up

Seasonal volume declines.
Welcomed DSSmith acqu'n

International Paper, the leading packaging maker, welcomed the revenue boost from DSSmith acquisition. Complacent CEO Andy Silvernail seems "focused on our most valuable customers" and streamlining. How does he plan to boost demand and fight tariff costs?. Full Report analysis here, first 

Stora packaging 
prices up; vol flat

Will new CEO focus on LTerm
growth or STerm  profitability?