“So we try to renegotiate again with our clients there, reducing margins,” said Verena Fiori, marketing director at the company. “But of course, it’s a hard moment. You’re looking for ways — like local production-acquisition in the United States and new markets.”“Our customers in the U.S. are still buying from us,” Albinarrate said, adding Evanses’ perspective remains positive in the U.S. “We believe we will continue growing in the U.S.”He qualified the tariff’s impact is linked to the packaging’s weight an ...

Core Insights - Amcor has announced the hiring of Stephen Scherger as its new Chief Financial Officer, effective November 10, succeeding Michael Casamento who has served in the role for 10 years [1][4]. Company Developments - Stephen Scherger previously served as CFO of Graphic Packaging International (GPI) for a decade, during which GPI's net sales more than doubled, highlighting his significant impact on the company's growth [2]. - Under Scherger's leadership, GPI completed major acquisitions, including the 2018 merger with International Paper's North America consumer packaging business and the 2021 acquisition of AR Packaging for $1.45 billion [3]. - Amcor's recent leadership change marks its second major C-suite transition in two years, following the promotion of Peter Konieczny to CEO in 2024 [5]. Transition Details - Scherger will conclude his tenure at GPI after the third-quarter earnings report on November 4, with Charles Lischer appointed as interim CFO [6].

Core Insights - FILLSY has opened a manufacturing facility in Żyrardów, Poland, in collaboration with Meadow to produce the MEADOW KAPSUL aluminium pre-fill solution [1][2] - The project involves an investment of €4 million ($4.6 million) by FILLSY by the end of 2027, with an additional €10 million planned for production line expansion by the end of 2030 [1] - The facility aims to produce up to 10 million units annually from 2025, with a target capacity of 100 million units per year by the end of 2027 [2] Investment and Capacity - FILLSY will be the first European manufacturer to industrialize the MEADOW KAPSUL technology at scale, enhancing regional capacity to meet rising demand for sustainable packaging solutions [2][4] - The new plant will be equipped with the latest industrial machinery and will include a showroom for MEADOW KAPSUL, showcasing its applications across various product categories [3] Market Context - The announcement aligns with the European Union's Packaging and Packaging Waste Regulation, which sets binding targets for recyclability and material reduction, indicating a strategic move to comply with regulatory demands [3][5] - The partnership is seen as a significant step in strengthening Europe's capacity for sustainable packaging, particularly benefiting the cosmetics and consumer goods industries [5]

Core Insights - Multiply Group, an investment holding company based in Abu Dhabi, is set to acquire a majority stake of 60.8% in Italy's ISEM Packaging Group, with the deal pending regulatory approval and undisclosed financial terms [1][2] Group 1: Acquisition Details - The acquisition will result in Multiply Group owning 60.8% of ISEM, while Peninsula Capital and other minority investors will hold the remaining 39.2% [1] - ISEM Packaging Group, established in 1949 and located in Bologna, operates 11 manufacturing plants and produces various packaging products for global brands [2] Group 2: Strategic Implications - This acquisition marks Multiply's expansion into the packaging sector, adding a fifth consumer-focused vertical to its portfolio, which already includes beauty and apparel businesses [2] - The partnership aims to leverage Multiply's investment capabilities and Peninsula's sector expertise to accelerate ISEM's international growth [3] Group 3: Leadership Perspectives - Multiply Group's CEO, Samia Bouazza, emphasized the potential for maximizing competitive advantages and creating synergies within the industry and with existing sectors [4] - ISEM's CEO, Francesco Pintucci, noted that Multiply's investment will enhance ISEM's industrial platform and support its global expansion while maintaining its entrepreneurial values [4]

Core Viewpoint - Amcor PLC has appointed Stephen R. Scherger as the new CFO, reaffirming its financial outlook for fiscal year 2026 while experiencing a slight increase in share price during pre-market trading [1][5]. Leadership Changes - Stephen R. Scherger, previously CFO of Graphic Packaging Holding Co., will assume the role of executive vice president and CFO effective November 10 [2]. - Scherger has a strong background in the packaging industry, having doubled net sales to nearly $9 billion and tripled net income at his previous company [2]. - He replaces Michael Casamento, who served as CFO for 10 years and is returning to Australia but will remain an advisor until June 30, 2026 [4]. Compensation Details - Scherger's compensation includes a $1 million annual base salary, a $500,000 sign-on bonus, and $2.3 million in retention equity [4]. Financial Outlook - Amcor reaffirmed its guidance for fiscal year 2026, expecting adjusted earnings per share (EPS) between 80 and 83 cents, indicating a 12-17% growth on a constant currency basis [5]. - Free cash flow for fiscal 2026 is projected to be between $1.8 billion and $1.9 billion, with first-quarter adjusted EPS expected to be in the range of 18 to 20 cents [6]. Stock Performance - Over the past year, Amcor's stock has declined by 29.55%, with a market capitalization of $18.05 billion and an average daily trading volume of 21.17 million shares [8]. - The stock has a price-to-earnings (P/E) ratio of 24.43 and offers a dividend yield of 6.52% [8].

Leadership Transition - Michael Casamento will leave Amcor to return to Australia, remaining in an advisory role until June 30, 2026, to support the transition [1][3] - Stephen R. Scherger has been appointed as the new Executive Vice President and Chief Financial Officer, effective November 10, 2025 [1][3] Executive Background - Stephen R. Scherger has over 30 years of experience in finance, operations, and strategy within the packaging industry, previously serving as CFO of Graphic Packaging [2][5] - Under Scherger's leadership, Graphic Packaging's net sales more than doubled to nearly $9 billion, and net income nearly tripled during his tenure [2] Company Outlook - Amcor reaffirmed its fiscal year 2026 outlook, expecting Adjusted EPS of 80-83 cents per share, representing 12-17% constant currency growth, and Free Cash Flow of $1.8-1.9 billion [4] - For the first quarter of fiscal year 2026, Amcor anticipates Adjusted EPS to be within the previously announced range of 18-20 cents per share [4] CEO Comments - Amcor CEO Peter Konieczny expressed confidence in Scherger's ability to enhance growth and profitability, highlighting his industry experience and leadership style [3] - Konieczny thanked Casamento for his decade of service, noting that Amcor is well-positioned following the successful combination with Berry Global [3] Company Profile - Amcor is a global leader in responsible consumer packaging and dispensing solutions, generating $23 billion in annualized sales from operations across over 400 locations in more than 40 countries [6]

A group of bondholders of Italian packaging firm Reno de Medici have selected a legal adviser as the Apollo-owned company burns through its cash reserves https://t.co/JX8x2YxUfi ...

Core Viewpoint - Huhtamäki Oyj is set to publish its Q3 Interim Report on October 23, 2025, at 8:30 EEST, followed by a combined audiocast and teleconference at 9:30 EEST where the results will be presented by the President & CEO and CFO [1][2]. Company Overview - Huhtamäki is a leading global provider of sustainable packaging solutions, focusing on protecting food, beverages, and personal care products while ensuring hygiene and safety [4]. - The company has over 100 years of history and operates in 36 countries with approximately 18,000 professionals [5]. - In 2024, Huhtamäki's net sales reached EUR 4.1 billion, and the company is listed on Nasdaq Helsinki [5].

Group 1 - Ball Corporation will announce its third quarter 2025 earnings on November 4, 2025, before trading begins on the New York Stock Exchange [1] - A quarterly conference call will be held at 9 a.m. Mountain Time (11 a.m. Eastern Time) on the same day to discuss the company's results and performance [1] - North American callers can participate in the live Q&A session by calling 877-497-9071, while international callers should use +1 201-689-8727 [1] Group 2 - For those unable to attend the live call, a taped replay and transcript will be available within 48 hours on Ball's website under "Financial Results" [2] - Ball Corporation specializes in innovative and sustainable aluminum packaging solutions for various sectors, including beverage, personal care, and household products [2] - The company employs 16,000 people globally and reported net sales of $11.80 billion for 2024, excluding the divested aerospace business [2]

Core Points - O-I Glass, Inc. has scheduled its third quarter 2025 conference call and webcast for November 5, 2025, at 8 a.m. EST [1] - The earnings release for the third quarter 2025 will be issued after market close on November 4, 2025 [1] - Earnings presentation materials will be available on the O-I website upon the release of the earnings news [1] Company Overview - O-I Glass, Inc. is a leading global producer of glass bottles and jars, emphasizing the sustainability and recyclability of glass as a packaging material [3] - The company is headquartered in Perrysburg, Ohio, and employs approximately 21,000 people across 69 plants in 19 countries [3] - O-I Glass achieved revenues of $6.5 billion in 2024, positioning itself as a preferred partner for many leading food and beverage brands [3]