Quadpack registers signs of recovery after the pandemia

With deadline of 31 January 2022, Quadpack, the provider and international manufacturer of packaging of beauty, presented some favourable results with regard to the previous year in which his figures saw altered by the effects of the COVID-19. The turnover presented an increase of 4%, what means a total figure of 106 million euros, still lower of the expected by the problematic that arose to halves of 2021, and that continues accompanying us to day of today, as it is the shortage of prime matters and hand of work, that affects to the chain of supplies. The previous, has prevented that that nor have produced a total recovery in the turnover of the company directed by Tim Eaves.Regarding the Ebtida the marked value has been of 7,7 million euros and has presented some net losses of 2,3 million euros. During this economic exercise, Quadpack also grew in matter of B-Corp, with the aim to generate a positive impact in the society, and received in April of this same year a distinction awarded that it describes him as 'Company B'.Regarding 2020, in the economic exercise of 2021, his income increased 4,3% reaching 106,360 million euros. As it has declared by means of a communiqué Bardo Bevelander, CFO of Quadpack, marked the exercise of 2021 like a year that would be of recovery: "The budget and the plans defined 2021 like a year of recovery and, in spite of the negative operative margin, value positively our attainments in the year. The second half of the year saw an increase in the entrance of requests in all the regions and categories and go in in the next year with €60 million businesses in firm. The perspective is positive, strengthened by our new status B Corp."The sales for Quadpack increased especially in the second semester of the year, in which it registered 28% more with regard to the 47 millions invoiceed in the first semester. Quadpack Recovered the normality regarding volume and entrance of requests from March of 2021, period in which it went back to establish his half surroundings to the 11 million euros. The consolidation of the manufacture carried to an increase of the sales of products of own production to 40%.With a flow of operative box in positive, with 3,1 million euros, and with the excedente of box of the past year, Quadpack invested 10,1 million euros in CAPEX and M&To.Elder witnesses in America and expansion in AsiaOne of the appearances that characterises the economic exercise of 2021 of Quadpack is the consolidation of his presence in America. Lto company intensified his presence in America through the representation of sales in Los Angeles, New York and Miami, and also by means of a centre of supply in Mexico and a plant of decoration and assembling in Texas to complete his traditional sales and e-commerce. In the Asian continent, associated with manufacturers established, as it was the case of Yuga in China, and LM in Korea, in June of 2021, with which has achieved to strengthen his implementation in the Asian market. Also in Asia, continuous with his presence in Japan, in the office in which it made his opening in 2020.His mission in Europe during this economic exercise has been to invest in the capacity to create sustainable solutions, employing sustainable elements of plastic and wood, innovando in decoration and digitalisation with the aim to attain a greater agility and implement an industry 4.0, that already leaves see in Spain. Besides, in Germany, Quadpack purchased one of the few independent companies specialised in decoration the country germano, Wicklein, that has permetido increase the production of the company. This acquisition supposed an investment of 6 million euros in the installations of Kierspe to satisfy a greater demand of the market, in particular, of the packaging airless.Innovation and sustainability go of the hand in QuadpackQuadpack Has worked during this year to establish a series of advances with which achieve develop a wallet of sustainable products. Woodacity, went the first case of innovation by part of the company in 2021: a range of caps of 100% wood with a system of new closing position to Quadpack like leader in systems of closing in wooden components. Another of the innovations by part of Quadpack, is CANVAS: an innovation colaborativa developed with Inotech and with which together, launched to the market a biodegradable pot for formulas to base of water.Própositos Of 2022Tim Eaves recognised the uncertainty that wraps to 2022, although Quadpack encara the financial year of positive form and with a purpose renewed: "The interruption and the uncertainty now are part of the life of all; in 2021, the pandemia strengthened our wish to turn into us better corporate citizens and, in 2022, the war has reinforced this wish. Like member of the global community B Corp, are firmly engaged to use our business like a strength for the good."One of the plans that handles the company of Tim Eaves is to continue his process of expansion so much in America as in Took, and is that with the increase of the demand, that goes back to his normal levels, the manufacturer foresees ingresar 130 million euros in the next economic exercise, as it indicates in The Avant-garde, in which the CEO of the frma recognised that it was studying the possibility to make an opening of one of his plants in Mexico with the aim to resupply the North American market.

Quadpack registers signs of recovery after the pandemia

Although it presented an increase of 4%, has not produced a total recovery