Ringmetall SE Reports Resilient 2024 Despite Economic Challenges

Ringmetall SE, a key player in the packaging industry, reported a solid performance in 2024 amidst economic challenges. Group revenue decreased 3.7% to EUR 174.9 million, primarily due to declining raw material prices. However, EBITDA rose by 23.9% to EUR 23.7 million, driven by operational agility and efficiency measures.

The packaging specialist faced economic and geopolitical influences affecting market dynamics. However, company acquisitions counterbalanced these challenges, enhancing revenue and earnings. The Closure Systems unit, contributing 69.4% to group revenue, was affected by falling steel prices. The Liner business unit, comprising 30.6% of revenue, saw positive growth through acquisitions like Peak Packaging and FIB Beer Systems.

Ringmetall remains optimistic for 2025, projecting revenues between EUR 180 million and EUR 200 million, with an EBITDA range of EUR 21 million to EUR 28 million subject to stable raw material costs and exchange rates.