Unfold

UNFOLD AR PACKAGING
AR Packaging is one of Europe’s leading companies in the packaging sector. Its core markets are in the folding carton and the flexible packaging in Europe. And by combining these areas of expertise we can be a true and reliable partner to our customers.

The theme of this year’s annual report is to unfold the already known stories but also the untold stories about AR Packaging. Discover the proprietary technologies like Cekacan® and Hermetet® which have created unique high-performance barrier packaging solutions.

Or our branded products with outstanding high-quality printing and differentiating looks that give our customers a great potential to expose their own brands. Or our food packaging like the CandyCup, which is a convenient and intuitive packaging with easy opening and reclosing. This year we will unfold more information and stories about our innovative capability, customers and employees. Welcome to AR Packaging!

Comment from the CEO

Strong financial performance in 2014

Altogether, we followed the outline of our strategic plan in terms of concentration of different plants to certain markets and customers, efficiency improvements and focusing on profitable product segments. The strong financial result also contributed to a positive operating cash flow of 33 MEUR (17).

NET SALES AND EBITDA MARGIN
EBITDA AND EBITA

AR Packaging showed strong financial performance in 2014 and reached a double-digit profit margin (EBITDA) of 10.5 percent compared to 9.6 percent in 2013. After the successful restructuring of the company in 2013, the Group continued its development in 2014. A strong strategic market presence and internal efficiency processes led to improved margins. This was achieved despite revenues decreased by approximately 5 percent to 404 MEUR (424). Net profit increased from 8.6 to 15.6 MEUR and earnings per share from 0.86 to 1.56 EUR. The improvement of net profit and the further reduction of net debt lead to higher return on equity – from 12.7 to 19.6 percent.

Turnover (MEUR)

404.3

EBITDA (Meur)

42.5

EBITDA-margin

10.5%

BARRIER PACKAGING

Unique high-performance packaging solutions, both systems and materials, based on proprietary technologies such as Cekacan® and Hermetet®.

Wide range of advanced flexible barrier materials supplied with world-class product customisation, service and lead times.

BRANDED PRODUCTS

Innovative packaging solutions for goods found in duty free stores. Being a reliable packaging supplier with business acumen throughout the entire value chain and extensive geographical coverage are keys to the success of brand owners.

FOOD PACKAGING

Key player in the development of food-on-the-go packaging where consumer convenience is crucial.

High food safety and sustainability standards as well as best-in-class key account management translating packaging needs into customer benefits.

OUR CORE VALUES

INNOVATION
SENCE OF URGENCY
PROFESSIONALISM AND COMPETENCE
OPENNESS AND TRUST
CLOSE TO CUSTOMER
SUSTAINABILITY