SIG COMBIBLOC- 2Q18 Comments
SIG Combibloc, the world’s No. 2 packager of aseptic cartons, reported good 2Q18 results. Sales came in at €417m, up 4% yoy (10% at constant currency and perimeter), while EBITDA reached €112m (26.9% margin) against €95m (23.6%) last year. Once again, the growth came from emerging markets, i.e. Asia Pacific (31% of sales) and the Americas (19%), while demand in Europe (40%) remained flat.
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