Bifogade filer
Elopak-ASA-Q1-2025-Report
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Material |
| Industri | Skog & Cellulosa |
Elopak ASA (“Elopak”, Oslo Børs Ticker: ELO) reports the first quarter ever with revenues above EUR 300 million. The strong revenue growth of 6.3% in the quarter was primarily driven by strong Pure-Pak® cartons sales in the Americas, highlighting the strong fundamentals for our newly opened plant in Little Rock, US.
Q1 2025 highlights:
- First ever quarter with revenues above EUR 300 million and the highest ever LTM revenues of EUR 1,175 million. Revenue growth of 6.3% in Q1, with organic growth of 5.2%
- Group EBITDA of EUR 44.6 million with a margin of 14.4%, in line with Q4 2024, and 15.1% excluding pre-production cost US plant
- Strong growth in Americas (organic 23.1%), across all segments
- Test production started at our new plant in Little Rock, US. Commercial production and ramp-up starting in Q2
- Free cash flow generation during the quarter impacted by temporary working capital build up expected to normalize throughout the year
Commenting on Elopak’s performance, CEO Thomas Körmendi said: “I am very happy to report our first quarter ever with revenues above EUR 300 million and the highest ever revenues over the last twelve months of EUR 1,175 million. I am also sincerely grateful to the whole team at Elopak Americas, as well as local officials, for helping us to deliver our new plant in Little Rock on time and within budget. The new plant will serve both new and existing customers across the US, reaching millions of Americans every day, and is a cornerstone of our ‘Repackaging tomorrow’ strategy to double revenues by 2030”.
Every quarter ahead of the earnings announcement, Elopak collects earnings estimates from the equity analysts currently covering Elopak. The consensus estimates and the methodology used are published on the Elopak’s Investor Relations website: www.elopak.com/investor-relations/share-information/analyst-coverage/
The Q1 2025 results will be presented on May 7, 2025, at 09:00 CEST at Pareto Securities, Dronning Mauds gate 3, 0115 Oslo. The presentation will be held in English by CEO Thomas Körmendi and CFO Bent Kilsund Axelsen. For the full report and presentation, please see the attachment or visit www.elopak.com/investor-relations/reports-and-presentations/. To follow the live webcast of the results presentation, follow this link: https://channel.royalcast.com/landingpage/hegnarmedia/20250507_10/
Elopak ASA
Oslo, May 7, 2025