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août 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.
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août 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).
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Ad hoc
juillet 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
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Online Annual Review 2023
Full year 2023 financial results highlight SIG’s strong business profile.