{"id":100258,"date":"2025-03-26T12:43:03","date_gmt":"2025-03-26T11:43:03","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=100258"},"modified":"2025-03-24T19:43:24","modified_gmt":"2025-03-24T18:43:24","slug":"vetropack-shows-resilience-in-a-difficult-market-environment","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/vetropack-zeigt-resilienz-in-schwierigem-marktumfeld\/","title":{"rendered":"Vetropack shows resilience in a difficult market environment"},"content":{"rendered":"

Vetropack Group recorded a challenging fiscal year in 2024 with falling revenue and profit. The decline is due to market conditions and closure costs for the plant in St-Prex. A cautious recovery is expected for 2025.<\/strong><\/p>\n

Vetropack Group can look back on one of the most difficult years in its history. Net sales fell by 6.3 % to CHF 842.1 million (currency-adjusted -4.2 %) as a result of a persistently tense market environment, overcapacity and falling sales prices. Adjusted EBIT fell by 37.2 % to CHF 58.6 million. Consolidated profit fell significantly to CHF 13.7 million (previous year: CHF 63.3 million) - influenced by one-off costs of CHF 24.3 million in connection with the plant closure in St-Prex.<\/p>\n

Burden from price pressure and falling energy costs<\/h3>\n

According to Vetropack, the decline in sales reflects both the lower energy prices<\/strong>, which have a direct impact on sales prices, as well as the increasing Price pressure due to overcapacity<\/strong> in the market. The Adjusted EBIT margin fell to 7.0 %<\/strong> (previous year: 10.4 %). The Cash flow decreased to CHF 103.6 million.<\/strong> (-20.4 %), corresponding to a cash flow margin of 12.3 %.<\/p>

\"\"<\/a><\/div><\/div>\n

Investments and balance sheet ratios<\/h3>\n

Investments in 2024 totalled CHF 90.3 million.<\/strong>, significantly below the previous year's figure of CHF 238.0 million, which was still heavily influenced by the new plant in Boffalora sopra Ticino<\/strong> was characterised by a positive cash flow. A positive cash inflow after investments in the amount of CHF 46.4 million.<\/strong> (previous year: -164.1 million) was used to Debt reduced by EUR 50 million.<\/strong> utilised. The Equity ratio increased to 61.3 %<\/strong>.<\/p>\n

Employees and structural measures<\/h3>\n

The number of employees fell by 5.0 % to 3.585<\/strong>, This was mainly due to the plant closure in St-Prex and a cautious personnel policy. Jobs were only occasionally filled or newly created.<\/p>\n

Outlook for the year 2025<\/h3>\n

In 2025, Vetropack expects a Cautious market stabilisation<\/strong>, but not a complete normalisation. The geopolitical situation, in particular the war in Ukraine and economic policy developments in the USA, remain risk factors, according to the report.<\/p>\n

The company plans to maintain its strategic course: prudent investments<\/strong>, Flexible capacity management<\/strong> and a Proactive personnel policy<\/strong>. For 2025, Vetropack expects a slightly better operating result<\/strong> and a significantly higher net profit<\/strong>, as the special effects from 2024 no longer apply. The volatile energy costs<\/strong> remain an uncertainty factor.<\/p>\n

At the end of 2025 CEO Johann Reiter<\/strong> will retire. The Board of Directors has announced that it will communicate the successor in good time.<\/p>\n

Source: <\/em>Vetropack Holding AG<\/p>","protected":false},"excerpt":{"rendered":"A slight recovery is expected for 2025. CEO Johann Reiter is leaving at the end of the year.","protected":false},"author":300,"featured_media":100261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"","rank_math_focus_keyword":"vetropack","rank_math_title":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[114],"tags":[62,60711,32,60651],"class_list":{"0":"post-100258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aus-den-unternehmen-news","8":"tag-glas","9":"tag-glasverpackungen","10":"tag-packmittel-und-packstoffe","11":"tag-schweiz","12":"cs-entry","13":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/100258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/300"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=100258"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/100258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/100261"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=100258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=100258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=100258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}