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SIG Posts 8.6% Growth In Revenue In First Half

Published on Jul 28 2020 11:07 AM in Packaging And Design tagged: Paywall / First Half Report / SIG Combibloc / SIG

SIG Posts 8.6% Growth In Revenue In First Half

Packaging giant SIG has reported 8.6% growth in core revenue (at constant currency) in the first half of its financial year ended 30 June 2020, partly driven by stock-building among customers, retailers and consumers.

The company reported revenue growth across all divisions, with the Americas region seeing a 16.4% increase (at constant currency) followed by EMEA at 7.8% and APAC at 7.0%.

Adjusted EBITDA for the period increased by 5% to €215.7 million, while EBITDA margin declined to 25.1%, from 25.6% in the first half of 2019.

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