Annual Report 2025

Hero home (photo)

2 0 2 5
Annual Report

Scroll for more

Letter from the Chairman

With a clear strategic direction, a strengthened focus on performance and capital discipline, SIG is well positioned to create sustainable long-term value.

Letter from the Chairman
Ola Rollén – Chairman (portrait)
  • Ola Rollén Chairman

Our 2025 results

Financial highlights Non-financial highlights

Stable revenue in a challenging market environment; clear roadmap to drive future value creation.

  • Revenue
    € 3.25 bn
    2024: €3.33bn
    Nutritious food delivered in SIG packaging
    (liters)*
    16.8 bn
    2024: 16.4bn * Defined by the independent Health Star Rating System, as food and drinks that contribute to a balanced diet and lead to better health healthstarrating.gov.au.
  • Revenue growth at constant currency*
    0.4 %
    2024: 4.3% * Revenue growth at constant currency and constant resin: 0.1%
    Food packed with SIG Terra packaging materials*
    (liters packed)
    1,976.3 m
    2024: 1,683.6m 1 Our SIG Terra portfolio showcases our most sustainable innovations – including aseptic cartons with no aluminum layer, polymers linked to forest-based and recycled materials (via an independently certified mass balance system) and recycle-ready bag-in-box and spouted pouch solutions.
  • Adjusted EBITDA
    € 718 m
    Excluding non-recurring charges: €788m 2024: €820m
    Food packed with SIG Terra packaging materials
    (% of total liters packed in SIG packs)
    6.7 %
    2024: 5.5%
  • Adjusted EBITDA margin
    22.1 %
    Excluding non-recurring charges: 24.2% 2024: 24.6%
    Scope 1 and 2 greenhouse gas emissions
    (thousand metric tons of CO2 equivalent)
    20.4
    2024: 20.1* * Includes retrospective adjustment of emission factors.
  • Adjusted EBIT
    € 442 m
    Excluding non-recurring charges: €511m 2024: €550m
    Renewable energy for production
    100 %
    2024: 100%
  • Adjusted net income
    € 231 m
    Excluding non-recurring charges: €285m 2024: €308m
    Total recordable case rate*
    (per 200,000 hours worked)
    0.89
    2024: 0.63 * Total recordable cases include lost-time, medical treatment and restricted work cases.
  • Adjusted EPS (diluted)
    € 0.60
    Excluding non-recurring charges: €0.75 2024: €0.81
    Women in leadership
    25 %
    2024: 25%
  • ROCE*
    25.5 %
    Excluding non-recurring charges: 29.9% 2024: 27.5% * Based on adjusted effective tax rate.
    Area of improved forest management targeted by our WWF partnership projects
    300,000 ha
    2024: 330,000ha
  • Leverage
    3.0 x
    2024: 2.6x
    EcoVadis rating*
    Platinum
    Platinum with a record score of 99/100 in 2025
    vs Platinum with score of 96/100 in 2024     * The use of the EcoVadis platinum badge is NOT a certification or an endorsement of a company or its products or services, and it does not indicate that the company’s products or services are specifically sustainable or more sustainable than another company’s products or services.
  • Free cash flow
    € 191 m
    2024: €290m
    S&P Global Corporate Sustainability Assessment
    76 /100
    2024: 71/100
Read more

Our value creation model

We have a multi-faceted growth strategy which aims to deliver above market growth and best in-class profitability. The strategy builds on our strong technology platform and commercial footprint, and the attractive end-markets in which we operate.

How we create value

Features and tools