Vetropack Holding Ltd.

VETN

Equity

ISIN CH0530235594 / Valor 53023559

SIX Swiss Exchange (2024-12-23)

CHF 24.80+0.81%

Vetropack Holding Ltd.
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About company

Vetropack Holding Ltd. is a prominent European manufacturer of glass packaging for the food and beverage sector, employing approximately 4,000 individuals and generating net sales of CHF 899.4 million in 2022. The company operates modern production facilities and sales offices across several countries including Switzerland, Austria, the Czech Republic, Croatia, Slovakia, Ukraine, Italy, the Republic of Moldova, and Romania.

Summarized from source with an LLMView SourceSector: Industrials

Revenue

In the fourth quarter of 2023, Vetropack Holding Ltd. reported consolidated net sales from goods and services amounting to CHF 898.8 million. This represents a slight decrease of 0.1% compared to the same period in the previous year.

Operating Result

Vetropack Holding Ltd.'s operating result (EBIT) for Q4 2023 was CHF 80.4 million, showing a marginal increase from CHF 81.4 million in Q4 2022. This indicates a stable operational performance despite the challenging market conditions.

Consolidated Profit

The consolidated profit for Vetropack Holding Ltd. in the fourth quarter of 2023 was CHF 63.3 million, a significant increase of 55.5% compared to CHF 40.7 million in the same quarter of the previous year. This substantial growth highlights the company's improved profitability.

Cash Flow

Vetropack Holding Ltd. reported a cash flow from operating activities of CHF 130.1 million in Q4 2023, compared to CHF 142.2 million in Q4 2022. The decrease in operating cash flow reflects changes in working capital and other operational adjustments.

Dividends

In Q4 2023, Vetropack Holding Ltd. distributed dividends amounting to CHF 19.8 million to its shareholders. This payout is consistent with the previous year's dividend distribution, indicating a stable return to shareholders.

Summarized from source with an LLMView Source

Key figures

-37.3%1Y

-56.6%3Y

-60.3%5Y

Performance

32.6%1Y

31.0%3Y

33.5%5Y

Volatility