Elopak ASA
ELO
ISIN NO0011002586 / Valor 112026127
Elopak ASA
UMushroom community rating:
About company
Elopak ASA is a multinational corporation specializing in the production and supply of sustainable packaging solutions, primarily focusing on liquid food products. With operations spanning over 40 countries and a customer base in more than 70 countries, Elopak is recognized for its innovative approach to packaging, offering products such as Pure-Pak® cartons, which are designed to meet the needs of both consumers and businesses in the food and beverage industry. The company emphasizes the development of environmentally friendly packaging options, leveraging its extensive global presence to deliver solutions that cater to a diverse range of markets and customer requirements.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (16.10.2025):
Elopak ASA reported strong financial results for the third quarter of 2024, achieving record quarterly revenues and maintaining robust profitability despite challenging market conditions.
All-Time High Revenues
In Q3 2024, Elopak ASA achieved all-time-high quarterly revenues of EUR 292.8 million, marking an increase from EUR 283.5 million in the same quarter last year. This represents an organic revenue growth of 3.6%, contributing to a year-to-date revenue of EUR 873.1 million, up from EUR 844.9 million in Q3 2023.
Strong Profitability
The company maintained strong profitability with an EBITDA of EUR 45.4 million and an EBITDA margin of 15.5% for Q3 2024. Adjusted EBITDA remained consistent at EUR 45.4 million, ensuring stable financial performance amidst volatile macro-economic and geopolitical conditions.
Strategic Investments
Elopak ASA announced an additional investment of USD 25 million in a second production line at its new US plant, aiming to enhance production capacity and meet increasing demand for high-quality, sustainable packaging solutions. This investment is part of the company's strategy "Repackaging tomorrow" presented during the Capital Markets Day on September 4, 2024.
Safety Performance
The Total Recordable Injury (TRI) rate for Q3 2024 was 5.4, up from 3.3 in the same quarter last year. Elopak ASA is committed to improving safety practices and has implemented additional safety interventions to achieve its long-term target of reducing TRI to below 3.2 by 2030.
People Performance
Elopak ASA reported a Total Recordable Injury (TRI) frequency rate of 5.4 for Q3 2024. The company is focused on strengthening its safety culture and has implemented measures to enhance employee safety and well-being.
Strategic Growth Initiatives
The company is focused on realizing global growth by expanding its presence in key markets such as North America, MENA, and India. Elopak ASA aims to leverage the shift away from plastic packaging by offering sustainable, fiber-based packaging solutions, positioning itself as a leader in the industry.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1207 M
Market cap (USD)
51,152
Daily traded volume (Shares)
45.45 / 42.05
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
