Ranpak (PACK) - 2023 Q4 - Annual Results

Exhibit 99.1 Ranpak Holdings Corp. Reports Fourth Quarter 2023 Financial Results ___________________ • Packaging System placement up 1.5% year over year to approximately 141,200 machines at December 31, 2023 • Net revenue for the fourth quarter increased 13.9% year over year to $90.4 million and increased 10.3% year over year on a constant currency basis to $93.9 million • Net loss for the fourth quarter of $9.3 million compared to net loss of $7.3 million for the prior year period. • Constant Currency Adju ...