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October 02, 2024
SIG appoints Fabio Grazioli as Chief Supply Chain Officer
SIG today announces the appointment of Fabio Grazioli to the Group Executive Board as Chief Supply Chain Officer (“CSO”) effective 15 November 2024. Fabio joins from Haier Group, the global market leader in home appliances and consumer electronics, where he most recently served as Vice President Supply Chain, Procurement, E2E Cost Leadership and CTO - EMEA.
September 24, 2024
Berglandmilch first in Austria to install a SIG SmileBig 24 Aseptic filling machine
Berglandmilch, Austria’s biggest dairy, continues its close partnership with SIG, as it installs the first SIG SmileBig 24 Aseptic filling machine in Austria at its production site in Klagenfurt. This new investment will enable Berglandmilch to fill products in SIG SmileBig carton packs, offering busy consumers a highly convenient and stylish packaging solution for on-the-go or home consumption.
August 30, 2024
SIG launches second project with WWF Switzerland to support thriving forests in Malaysia
In partnership with WWF Switzerland and WWF Malaysia, SIG has launched a three and half-year forest landscape project in Malaysia’s Ulu Muda Forest Complex through WWF’s Forests Forward program. The project aims to improve the management of more than 170,000 hectares and pilot the restoration of 25 hectares.
August 06, 2024
Saudi Arabia: Alesayi expands packaging and product portfolio with state-of-the art BIB packaging system from SIG
Alesayi Beverage Corporation, a leading beverage manufacturer in Saudi Arabia since 1959 with 60% market share in the energy drinks’ category, is partnering with SIG to expand its product and packaging portfolio. Using a state-of-the-art SIG SureFill 42 Aseptic BIB filling system, Alesayi will launch exciting new products in hotels, restaurants and cafes (HoReCa).
Ad hoc
July 29, 2024
Quarter on quarter sequential improvement across KPIs
H1 2024 results • Q2 2024 revenue growth, at constant currency, +5.7% (constant currency and constant resin(1) +5.4%), following 0% growth in Q1 2024 • HY 2024 revenue growth, at constant currency, +3.0% (constant currency and constant resin(1) +2.9%) • Q2 2024 adjusted EBITDA margin 25.1% (Q2 2023: 25.7%); +360 bps vs. Q1 2024 • HY 2024 adjusted EBITDA margin 23.5%; (HY 2023: 24.9%) • 2024 guidance updated: - revenue growth(2) of around 4%, +/-50 bps (previously at low end of 4-6%) - adjusted EBITDA margin at lower end of 24 to 25% range (previously lower half of 25-26% range) • Mid-term guidance confirmed: revenue growth(2) in the upper half of 4-6% range, adjusted EBITDA margin above 27%, net capex 7-9% of revenue
July 24, 2024
SIG announces new partnership with Hungarian dairy market leader Sole-Mizo
Sole-Mizo, part of the Bonafarm group and leading brand in the Hungarian dairy sector, has partnered with SIG to install a state-of-the-art SIG Midi 12 Aseptic filling machine to fill a wide range of Sole-Mizo dairy products in two of the most appreciated SIG packaging formats: SIG MidiBloc and SIG MidiFit.
May 23, 2024
Japan: ITO EN launches premium beverages with bite-sized vegetables made possible by the SIG Drinksplus technology
ITO EN, a key player in Japan’s beverage industry, innovates the market with the launch of two premium beverages with bite-sized pieces in SIG SmileSmall carton packs, made possible by the SIG Drinksplus technology integrated in the SIG SmileSmall 24 Aseptic filling machine.
May 16, 2024
SIG and MassChallenge Switzerland forge dynamic partnership to fuel startup innovation
SIG announces a strategic collaboration with MassChallenge Switzerland, a key member of the global MassChallenge innovator community and a major global startup accelerator. The paramount objective of this dynamic partnership is for SIG to connect with visionary founders and work together on new technologies and pioneering sustainable innovations in the field of material science.
May 13, 2024
SIG successfully places €450 million Schuldschein following strong demand from investors
SIG today announces it has successfully completed a €450 million Schuldschein placement. The notes are structured in tranches with maturities of four, five and seven years with both fixed and variable interest rates at competitive levels. The high level of demand from a wide range of investors resulted in the transaction being upsized from a launch amount of €200 million.
Ad hoc
April 30, 2024
Stable volumes, initial signs of growth recovery, progress on production footprint
Q1 2024 trading update - Q1 2024 revenue, at constant currency, in line with strong prior year (constant currency and constant resin (1) also in line with prior year) - Q1 2024 reported revenue declined by 1.0% compared with Q1 2023 - Volume growth resuming in key regions, pricing stable - Q1 2024 adjusted EBITDA margin 21.5%; set to expand through the year as revenue growth resumes - Full year guidance confirmed