Creating sustainable value
This is our first combined annual and corporate responsibility report. It shows that sustainability is at the heart of our business. A business that in 2021 again proved its resilience and continued to grow.Our Corporate Responsibility Report
“Aseptic cartons remain at the core of our business with robust growth prospects and a high level of profitability.”
- Andreas Umbach Chairman
- Samuel Sigrist Chief Executive Officer
Revenue growth in 2021 was underpinned by our broad geographic reach and our key role in the supply chain for essential food and beverages. The adjusted EBITDA margin increased and we continued to generate strong free cash flow.
€ 2.05 bn2020: €1.80bn20212020
Core revenue growth1
6.6 % (LFL)2020: 5.5% 1 At constant currency.20212020
Adjusted EBITDA margin
27.7 %2020: 27.4%20212020
A STRONG GLOBAL PRESENCE
Over the last decade, we have expanded in the regions outside Europe and have developed innovative solutions to meet the needs of consumers around the world.
€ 366 m+19.4 %
€ 735 m+2.1 %3
€ 691 m+8.2 %
€ 252 m+0.8 %3
1 The sum of core revenue of EMEA for the first two months of 2021 (€119 million) and core revenue of Europe for the last ten months of 2021 (€616 million).
2 Core revenue for the last ten months of 2021 (since acquisition).
3 LFL growth at constant currency
BROAD GEOGRAPHIC REACH
Strong local presence in every regionInteractive map