18.01.2023.
Aluflexpack AG raises full-year 2022 guidance
Ad hoc announcement pursuant to Article 53 of the Listing Rules of SIX Swiss Exchange
Reinach (Aargau), 18 January 2023
Aluflexpack AG raises full-year 2022 guidance
- Better-than-anticipated business dynamic in December
- Net sales for 2022 expected between €340–360m (previously: €320–350m)
- EBITDA before special effects for 2022 expected between €44–46m (previously: €39–44m)1
Aluflexpack AG (hereinafter referred to as the “Group”), a leading European manufacturer of premium flexible packaging and barrier solutions, today increases its guidance for the financial year ending on 31 December 2022. Due to a better-than-anticipated business dynamic in December, the Group expects net sales of between €340-360m. Previously, expectations ranged between €320 and €350m.
At the EBITDA before SE level, the Management Board is raising the guidance to between €44-46m, from €39-44m previously[1].
On 15 February 2022, Aluflexpack will publish its preliminary sales statement for the financial year ending on 31 December 2022 together with its guidance for the financial year 2023. The audited full-year results for the financial year 2022 will be reported on 23 March 2023 at 07:00 CET.
Forthcoming events[2]
15 February 2023 Preliminary sales statement full-year 2022
23 March 2023 Full-year results: January to December 2022
4 May 2023 Q1 sales statement
24 May 2023 Annual General Meeting
23 August 2023 Half-year results: January to June 2023
2 November 2023 Q3 sales statement
Media contacts
Biko Hüster
Investor Relations and M&A Manager
+43 664 8581 139
About Aluflexpack AG
Aluflexpack produces flexible packaging solutions for end markets such as Coffee & Tea, Pharmaceuticals, Pet food, Confectionery and Dairy. Its long-lasting customer relationships with locally operating companies and large international corporations alike are underpinned by well-established industry insights, flexibility in customer service and development competence. Headquartered in Reinach (Aargau), Switzerland, Aluflexpack has production facilities in Switzerland, France, Poland, Turkey and Croatia. It had 1,462 employees as of 30 June 2022.
Disclaimer
Some of the information contained in this press release may be forward-looking in nature. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, meaning that actual results may differ materially from those in this press release as a result of various factors. Aluflexpack AG is not obliged to publicly update or revise any forward-looking statements.
[1] EBITDA before special effects (SE) refers to operating profit before interest, taxes, depreciation, and amortisation adjusted for costs and gains considered by the management as non-recurring and/ or non-operational and which are yet to be determined during the preparation of the annual statement.
[2] Ad-hoc releases will be reported after market closing except for the full-year results 2022 that will be reported before the markets open.
