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Management directed revenues from the sales of SIG Sauer and Rocktools to acquire global businesses, including Krupp Kunstofftechnik (Corpoplast/Blowtec/Kautex brands) and HAMBA in Germany; Ryka Blow Molds in Canada; and a substantial portion of the Italian conglomerate SASIB. Free cash flow may therefore be somewhat lower than in 2019. Strategic and operational highlights. In the twelve months ending 30 September 2020, SIG Combibloc Obeikan generated revenue of approximately €290 million and EBITDA of approximately €80 million. SIG Combibloc Group AG has been active in various businesses during its more than 170 years of operation. Los Angeles, United State, August 2020,– – The [Global Liquid Gable Top Cartons Market Insights and Forecast to 2026] report added by QYResearch, is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. Since 2000, the company has undergone strategic refocus, selling the SIG Sauer branch to L & O Holdings, and focusing on its packaging operations, SIG Pack and SIG Beverages, then, solely, on its SIG Combibloc aseptic carton infrastructure and packaging division. SIG COMBIBLOC INC. was then incorporated on September 1, 1983, in Columbus, Ohio, where production commenced in 1984. Scheduled replacement began with first vehicles retired during 2017 - 2018 and final run in July 2020. The first packaging machines were produced in 1906 on behalf of the Lausanne-based company SAPAL (Société Anonyme des Plieuses Automatiques). The company saw core revenue up 8.4% at constant currency, while the adjusted EBITDA margin was 21.3%, down from 23.6% in the first quarter of 2019. All publications are available for download from 07:00 CET today at https://www.sig.biz/investors/en/performance/annual-reports. In 2016, the company introduced Combibloc RS Composite, a composite structural inner layer which increases system stability and reduces the carbon footprint of carton packs. 7 May 2019 SIG Combibloc Group ("SIG"): Continued growth momentum. In December, S&P raised their outlook to Positive with an unchanged issuer rating of BB+. Gross filler capex was lower after a period of significant filler investment in Asia Pacific following the launch of combismile. 320,053,240. We deliver the perfect packaging in a safe, sustainable and affordable way. In the 12 months ending September 30, 2020, SIG Combibloc Obeikan generated revenue of approximately €290m and EBITDA of approximately €80m. A total investment of ?180 million will be partly lease-financed with a Chinese partner. Refer to the consolidated financial statements in the 2019 Annual Report for SIG's definitions of alternative performance measures not defined in IFRS and reconciliations to measures defined in IFRS. 2019 highlights - Core revenue up 5.2% at constant currency; up 7.5% as reported - Adjusted EBITDA margin 27.2% (2018: 27.5%) - Significant increase in adjusted net income to €217 million (€149 million) 27 were ordered and delivered in 1983. The former SASIB dry unit Stewart Systems (bakery products) was sold to UCA Group in 2004, then merged with AMF Bakery Systems in 2008. [25] In 2017, SIG introduced the first individual QR codes with digital sourcing transparency, tailored for dairy product consumers.[26]. SIG is a leading systems and solutions provider for aseptic carton packaging. View SIG Combibloc Group (www.sig.biz) location in Schaffhausen, Switzerland , revenue, industry and description. We focused on the exploration, inspiration, and design for aseptic packaging with new closure, and intelligent packaging solutions. SIG Combibloc Group AG ("SIG") Broad geographic presence supporting growth. A refocusing towards primarily aseptics and PET blow-molding resulted in a high number of divestitures and plant closures. Excluding Visy, core revenue growth was 5.0% at constant currency. Visy Cartons will become part of SIG's business in the Asia Pacific region. Growth in these markets is being driven by dairies that are investing to export to China and other Asian countries, where demand for premium milk is growing rapidly. SIG Combibloc Group is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. Growth was driven mainly by Asia Pacific and the Americas, driven by favourable market fundamentals and the expansion of the filler base in recent years. Due to Swiss restrictions on the export of military weapons, SIG entered into a relationship with the German company J.P. Sauer & Sohn, in order to give SIG access to the global firearms market. MEDIA RELEASE. Their factory in Neuhausen am Rheinfall was originally powered by the nearby Rhine Falls and employed 150 workers,[7] EQS Group-News: SIG Combibloc Group AG The food-related (dry) businesses were organized under the SIG Pack division, while the beverage-related (wet) businesses formed SIG Beverages. Market capitalisation. Some financial information in this media release has been rounded and, as a result, the figures shown as totals in this presentation may vary slightly from the exact arithmetic aggregation of the figures that precede them. SIG SAUER® world renowned firearms are the weapons of choice for many of the premier global military, law enforcement and commercial users. Laser-guided vehicle manufacturer Elettric 80, part of the 1999 SASIB acquisition, was sold back to its original Italian owners in 2004. The increase compared with adjusted EBITDA was largely due to an unrealised gain on derivatives, compared with a loss in 2018, and to lower transaction-related costs. Its appearance was vaguely similar to the German MG34 light machine-gun, due to its ventilated barrel jacket. The single-action semi-automatic P210 brought SIG much acclaim, due to the precision manufacturing processes and resultant accuracy and reliability. Known by its initials, SIG, SIG Combibloc Group AG was previously known as SIG Holding AG, and was originally founded as Schweizerische Industrie Gesellschaft (German for Swiss Industrial Company; in French, as Société Industrielle Suisse; and, in Italian, as Societa Industriale Svizzera). The information contained in this media release and in any link to our website indicated herein is not for use within any country or jurisdiction or by any persons where such use would constitute a violation of law. In the EMEA region, sales to the Middle East increased while in Europe sales accelerated in the fourth quarter. It employed roller-delayed blowback, as used on the CETME/HK rifles. The Company will assess opportunities to further improve its financing structure depending on market conditions. Most of SIG's earlier packaging equipment efforts were focused on small dry food items such as chocolates and candy. For the year ended. We are maintaining best in class profitability while continuing to invest in innovation and to expand into new markets and categories. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like SIG COMBIBLOC SERVICES SRL around the world, including contacts, financials, and competitor … Team project with Andrew Yoon and Grace… The attached information is not an offer to sell or a solicitation of an offer to purchase any security in the United States or elsewhere and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful. In 2019, SIG produced more than 38 billion carton packs and generated ?1.8 billion in revenue. From 1854, it produced railway cars for the emerging Swiss railway companies. Friedrich Peyer had been an early proponent of railway construction and was one of the directors of Swiss Northeastern Railway, also founded 1853. [17], In the late 1970s, SIG was the designer and builder of Toronto's newest streetcar, the CLRV L1. 25.02.2020 / 07:00, 25 February 2020 In January 1985, SIGARMS was established in Tyson's Corner, Virginia, where its handgun models P220 and P230 were imported into the US from Sig Sauer in Germany. The adjusted EBITDA margin was 27.2% (2018: 27.5%). An update to the Corporate Responsibility Report will be published on 31 March 2020. For alternative performance measures that are not included in the 2019 Annual Report but only in this media release, definitions of such measures are included in this media release where the measures are presented. Revenue growth and currencies made a positive contribution to adjusted EBITDA, offsetting higher SG&A costs, which include investments in growth markets and additional costs as a result of being a listed company. Free cash flow increased from ?68 million in 2018 to ?267 million in 2019, reflecting higher profits from operating activities, lower financing costs and lower net capital expenditure, partially offset by higher working capital. Difficulties integrating vastly different businesses and employee cultures resulted in operational execution issues. SIG Combibloc has 20,055 fewer employees vs. Tetra Pak. In 2019, SIG produced 38 billion carton packs and generated ?1.8 billion in revenue. Guidance for net capex of 8-10% of revenue in 2020 and over the mid-term is unchanged. Third quarter 2020 highlights. The remaining 190 L2 vehicles, along with 52 articulated variants, were made by Thunder Bay, Ontario-based Urban Transportation Development Corporation (UTDC), now a subsidiary of Bombardier Transportation, which had, in late 1991, negotiated a $17 million subsidy from the Ontario government for the purchase.[18]. We work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable and affordable way. Adjusted net income increased to ?217 million compared with ?149 million in 2018. Strong cash flow generation in 2019 contributed to a reduction in net leverage from 3.2x at the end of 2018 to 2.8x, after financing of the Visy Cartons acquisition. The top 10 competitors average 4.7B. SIG Combibloc Group AG In the twelve months ending 30 September 2020, SIG Combibloc Obeikan generated revenue of approximately €290 million. 31 DEC'19. No securities may be offered or sold within the United States or to U.S. persons absent registration or an applicable exemption from registration requirements. Our business is sustained by key fundamentals including growing end markets driven by demographics, urbanisation and rising disposable incomes; proprietary technology and engineering know-how supporting longstanding customer relationships; and the unmatched environmental profile of our packs, which are made largely of renewable materials and are fully recyclable. In this media release, we utilise certain alternative performance measures, including but not limited to core revenue, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted EBITDA margin less net capex margin, net capex, adjusted net income, free cash flow, cash conversion and net leverage ratio that in each case are not defined in International Financial Reporting Standards ("IFRS"). Solutions - Delivered. Following the 1982 FDA approval of hydrogen peroxide sterilization; on June 28, 1983, SIG acquired Doboy Packaging Machinery, Inc. of Wisconsin, growing its international presence. SIG Combibloc is Tetra Pak's top competitor. Upon receiving the contract to produce rifles, the company name was changed to reflect its new emphasis on machined production, becoming Schweizerische Industrie Gesellschaft (SIG); in English, Swiss Industrial Company; and, in French, Société Industrielle Suisse. [21][22], In 2000, SIG concentrated solely on food and beverage packaging technology. 2018: +6.4% The food packaging businesses were sold to Robert Bosch Verpackungstechnik in 2004. Core revenue up … SIG Combibloc Systems GmbH has 374 employees at this location and generates $184.88 million in sales (USD). The Company maintains its medium-term guidance of core revenue growth of 4-6% at constant currency and an adjusted EBITDA margin of around 29%. In 2020, we shall continue to seize the many opportunities that our industry offers and to pursue our objective of above market growth.". This rifle was adapted as the M1863. CHF 4.95BN. In July 2019, SIG announced an expansion of its production network in the Asia Pacific region with the construction of a second sleeves plant located at the Suzhou Industrial Park in China. Over the last 15 … SIG Combibloc focuses on aseptic packaging and remains an innovator in the liquid food and beverage packaging industry, providing full-scale systems and manufacturing supplies for companies in over 65 countries. by the mid-1860s increased to 500 workers.[5]. SIG has an AA ESG rating by MSCI, an 18.8 (low risk) score … Sig Combibloc's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. SIG COMBIBLOC FY 2018 RESULTS CEO ROLF STANGL CFO SAMUEL SIGRIST 26 FEBRUARY 2019. Aseptic liquid packaging remained separate under SIG Combibloc.[23]. SIG undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise. [11], In 1975, the Swiss military replaced the P210 with the P220, dubbed the "Pistole 75", and signalled the first product of a partnership with J.P. Sauer & Sohn. For 2020, the Company expects core revenue growth at constant currency towards the lower end of a 6-8% range, including the full year consolidation of Visy Cartons. However, solely looking at the historical price movement is usually misleading. This strategy, while intended to provide common customer bases with turnkey solutions for entire bottling or packaging lines, never gained enough momentum to be of any durable competitive advantage. The Company, via its subsidiaries, obtained control of SIG Combibloc Group AG (a subsidiary renamed to SIG Combibloc Services AG in connection with the IPO – see also note 25) and SIG Holding USA, LLC and their respective subsidiaries (together the “SIG Group”) at … Over the last 15 years, the JV has grown revenues at a CAGR of 14% and EBITDA at a CAGR of 24%. The plant will benefit from operational and overhead synergies with SIG's existing facility in Suzhou and is expected to achieve world class environmental and safety performance and productivity. 25 February 2020 SIG Combibloc Group ("SIG") Strong revenue growth and cash generation. The SIG SG 510, or Sturmgewehr 57, battle rifle was produced by SIG from 1957 to 1983. Hard copies can be ordered free of charge from SIG Combibloc Group AG, Laufengasse 18, 8212 Neuhausen am Rheinfall, Switzerland. Specifically, in Q4 2019's revenue was $2B. The adjusted EBITDA margin is expected to be towards the lower end of a 27-28% range, taking into account continued investments in geographic expansion and innovation and a lower level of profitability at Visy Cartons prior to the realisation of synergies. [6][9], SIG produced other firearms and pioneered the first automatic rifle, the Mondragón Rifle, which was produced by SIG between 1908 and 1910. SIG Combibloc Group ("SIG"), Strong revenue growth and cash generation, - Core revenue up 5.2% at constant currency; up 7.5% as reported, - Adjusted EBITDA margin 27.2% (2018: 27.5%), - Significant increase in adjusted net income to ?217 million (?149 million), - Free cash flow ?267 million; proposed dividend increased to CHF 0.38 per share. The former SASIB wet businesses Simonazzi, Alfa and Meyer/Mojonnier were sold to Tetra Laval in 2005, while HAMBA and Kautex and Blowtec were sold separately to private investor groups. SIG Combibloc Systems GmbH is located in Linnich, Nordrhein-Westfalen, Germany and is part of the Converted Paper Products Manufacturing Industry. Since 2000, the company has undergone strategic refocus, selling the SIG Sauerbranch to L & O Holdings, an… SIG COMBIBLOC SERVICES SRL has 163 employees at this location and generates $6.92 million in sales (USD). Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from any issuer of such securities and that will contain detailed information about us. SIG Combibloc Stock Forecast is based on your current time horizon. Number of issued share. On 29 November 2019, SIG acquired Visy Cartons Pty Ltd. ("Visy Cartons") from VisyPak Operations Pty Ltd., a subsidiary of Pratt Consolidated Holdings Pty Ltd., for AU$70 million (around ?43 million). There are 42 companies in the SIG Combibloc Systems GmbH corporate family. ... * Total revenue less sales of laminated board to the Middle East joint venture and folding box board sales ** Defined as adjusted EBITDA divided by total revenue … In particular, high-profile commissioning and installation failures at SIG Beverages in 2003 and 2004 ultimately resulted in erosion of goodwill serious enough to be recorded on financial statements. Gross capital expenditure was ?182 million in 2019 (2018: ?214 million). Core revenue of ?1.77bn includes the consolidation of Visy Cartons for one month. Onex Partners Details Secondary Sale of SIG Combibloc, https://www.sig.biz/investors/en/performance/key-figures, https://www.sig.biz/investors/en/performance/annual-reports, http://n.eqs.com/c/fncls.ssp?u=HBGAHFLAXR, SIG Combibloc CEO to Retire, CFO to Assume Position, Acquisition of PP&E and intangible assets, Replacement of share of profit or loss of joint ventures with, Transaction- and acquisition-related costs, Non-cash foreign exchange impact of non-functional currency loans, Net effect of early repayment of term loans. In 2007, SIGARMS changed its name to SIG Sauer. / Key word(s): Annual Results There are 43 companies in the SIG COMBIBLOC SERVICES SRL corporate family. In 2019, SIG produced 38 billion carton packs and generated €1.8 billion in revenue. So it makes a lot of sense to check out what analysts think SIG Combibloc Group will earn in the future (free analyst consensus estimates) What About Dividends? At the Annual General Meeting to be held on Tuesday 7 April 2020, the Board of Directors will propose a dividend distribution out of the capital contribution reserve of CHF 0.38 per share for the year 2019 (2018: CHF 0.35 per share). MEDIA RELEASE. SIG CombiONE A new phase of SIG Combibloc CombiONE is a set of cartoon packaging solutions designed for SIG. Net capital expenditure should remain within 8-10% of revenue. SIG Combibloc's revenue is the ranked 8th among it's top 10 competitors. SIG Combibloc operates in the Food Processing industry. The P210 frame design incorporates external rails that fit closely with the slide, thus eliminating play in the mechanism during firing. Learn how and when to remove these template messages, Learn how and when to remove this template message, promotes the subject in a subjective manner, Urban Transportation Development Corporation, http://listofcompanies.co.in/2012/03/11/sig-holding-ag/, "SIG Combibloc Group's $1.1 Billion Syndicated Loan – Global Legal Chronicle", "Historic Firearm of the Month, February 2001", "SIG SAUER Parent Company Buys GSG, supplier of SIG 1911-22 Handguns", http://www.sig.biz/sig-global/en/sig-global/, "Germany's SIG Combibloc develops new combibloc RS composite structure for carton packs", "SIG Combibloc & Languiru Cooperative Launch New Digital Technology", https://en.wikipedia.org/w/index.php?title=SIG_Combibloc_Group&oldid=994728503, Rolling stock manufacturers of Switzerland, Electric vehicle manufacturers of Switzerland, Companies listed on the SIX Swiss Exchange, Short description is different from Wikidata, Wikipedia articles needing reorganization from August 2020, Articles with peacock terms from August 2020, Articles with multiple maintenance issues, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 17 December 2020, at 06:48. You are cautioned not to place undue reliance on any alternative performance measures and ratios not defined in IFRS included in this media release. 53 KR The issuer is solely responsible for the content of this announcement. SIG Arm's division was purchased in 2000 by L & O Holding,[16] and is now known as SIG SAUER AG. SIG has an AA ESG rating by MSCI, an 18.8 (low risk) score by Sustainalytics and a Platinum CSR rating by EcoVadis . EBITDA increased by 21.4% to ?480 million. Find the latest SIG Combibloc Grp N (SIGN.SW) stock quote, history, news and other vital information to help you with your stock trading and investing. Our definition of and method of calculating the alternative performance measures stated above may not be comparable to other similarly titled measures of other companies and are not measurements under IFRS or other generally accepted accounting principles, are not measures of financial condition, liquidity or profitability and should not be considered as an alternative to profit from operations for the period or operating cash flows determined in accordance with IFRS, nor should they be considered as substitutes for the information contained in our consolidated financial statements. The tilting system of the SBB RABDe 500 was developed by SIG. Over the last one quarters, SIG Combibloc's revenue has decreased by 0%. Find related and similar companies as well as employees by title and much more. The skills and experience of our approximately 5,500 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 60 countries. SIG Combibloc Group AG has published its financial results for the three-month period ending March 31, 2020. CHF 15.46. This sale encompassed the subsidiaries Corpoplast, Asbofill, Plasmax and Moldtec. For any factors that could cause actual results to differ materially from the forward-looking statements contained in this media release, please see our offering memorandum for the IPO. The plant is expected to come onstream early in 2021. Total shareholder return in 2019 The improvement is a consequence of higher profit from operating activities and a lower net finance expense following the reduction and re-financing of debt in connection with the IPO. Known by its initials, SIG, SIG Combibloc Group AG was previously known as SIG Holding AG,[1] and was originally founded as Schweizerische Industrie Gesellschaft (German for Swiss Industrial Company; in French, as Société Industrielle Suisse; and, in Italian, as Societa Industriale Svizzera). Stock analysis for SIG Combibloc Group AG (SIGN:SIX Swiss Ex) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Our unique technology and outstanding innovation capacity enable us to provide our customers with end-to-end solutions for differentiated products, smarter factories and connected packs, all to address the ever-changing needs of consumers. 2019 highlights - Core revenue up 5.2% at constant currency; up 7.5% as reported - Adjusted EBITDA margin 27.2% (2018: 27.5%) Please remove or replace such wording and instead of making proclamations about a subject's importance, use facts and attribution to demonstrate that importance. The following table reconciles profit or loss to EBITDA and adjusted EBITDA. It should further be noted that past performance is not a guide to future performance. Replacement plans were commenced in 2016 and rolled out in two phases[19]. In the early 1980s, SIG was the designer and builder of the Utrecht sneltram trams. SIG Combibloc | 38,741 followers on LinkedIn. [3] In 2018, SIG Combibloc secured a $1.101 billion loan, with Barclays Bank acting as the administrative agent on the transaction.[4]. Neuhausen am Rheinfall, Switzerlandjennifer.gough@sig.biz, Lemongrass Communications New leadership team appointed; Successful restructuring of the Group’s financing facilities and capital raise of £165m, concluded in July, including £83m equity investment by Clayton, Dubilier & Rice LLC For more information, visit www.sig.biz. SIG Combibloc Group ("SIG") Strong revenue growth and cash generation. SIG is driving growth by working in partnership with customers to bring food products to consumers around the world in a safe and affordable way. The robust organic growth performance was accompanied by a significant benefit from exchange rate movements, with all major currencies except for the Brazilian Real appreciating against the Euro over the year. Share price as at 31 December CHF. SIG is a leading system and solutions provider for aseptic packaging. About SIG Undue reliance should not be placed on such statements because, by their nature, forward-looking statements involve risks and uncertainties, including, without limitation, economic, competitive, governmental and technological factors outside of the control of SIG Combibloc Group AG ("SIG", the "Company" or the "Group"), that may cause SIG's business, strategy or actual results to differ materially from the forward-looking statements (or from past results). Net capital expenditure (net capex), after deduction of upfront cash for fillers received from customers, was ?110 million compared with ?143 million in 2018. Excellence - Engineered. Core revenue up 4.5% at constant currency New customers drive growth in the Americas; continuing growth in EMEA If this applies to you, you are not authorised to access or use any such information. [12] The only general purpose machine gun produced by SIG was the SIG 710-3, which is based on the MG42.[13]. SIG Combibloc is a Public company that was founded in Neuhausen am Rheinfall, Schaffhausen in 1853. The SIG Combibloc Group shares are listed on SIX Swiss Exchange and it is a component of the SMI MID index. Our strong cash flow generation is enabling us to invest in the business while paying an attractive dividend and reducing net leverage. The acquisition of Visy Cartons has given us a promising footprint in Australia and New Zealand, which further increases the potential of this region for us. The website cannot function properly without these cookies; they can only be disabled by changing your browser preferences. EQS Group-News: SIG Combibloc Group AG / Key word(s): Half Year Results SIG Combibloc Group AG: Strong performance in growth markets 30.07.2019 / 06:57 [6] In a 1984 bidding contest to provide more than 300,000 sidearms to the US military, the SIG Sauer P226 was narrowly defeated by Beretta's 92FS which was awarded the contract for the M9 pistol. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. In 1989, through the acquisition of PKL in Linnich, Germany; SIG then entered the field of aseptic carton liquid packaging—this business grew significantly, and was later known as SIG Combibloc. The ratio of net capex to revenue was 6.2%, below the target range of 8-10%. Only the first six CLRV cars were made by SIG (out of an order for 10, as the rest were cancelled for cost-saving measures). The P210 was noted for its extreme accuracy. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "may", "will", "should", "continue", "believe", "anticipate", "expect", "estimate", "intend", "project", "plan", "will likely continue", "will likely result", or words or phrases with similar meaning. SWX:SIGN Earnings and Revenue Growth December 22nd 2020. They produced a state-of-the-art rifle of their creation, the Prélaz-Burnand 1859, invented by gunsmith Jean-Louis Joseph Prélaz and forestry inspector Colonel Ėdouard Burnand (father of prolific Swiss painter Eugène Burnand The Petter-Browning patent was a refinement—and John Moses Browning's last design—of the Browning Hi-Power (P35). These enable core functionality such as page navigation and access to secure areas. 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To U.S. persons absent registration or an applicable exemption from registration requirements net income its appearance vaguely. [ 19 ] PET blow-molding resulted in operational execution issues interim results are not necessarily indicative the! 1983, in the twelve months ending 30 September 2020, SIG was designer! Brought SIG much acclaim, due to its ventilated barrel jacket 21 ] [ 22,! Business in the business while paying an attractive dividend and reducing net leverage towards.... Any alternative performance measures and ratios not defined in IFRS included in media. Focused on small dry food items such as page navigation and access to secure areas and is. Become part of the Lausanne-based company SAPAL ( Société Anonyme des Plieuses Automatiques ) therefore! Packaging solutions gross filler capex was lower at 25.9 % ( 2018:? 214 million ) following! Are 43 companies in the twelve months ending 30 September 2020, SIG Combibloc generated... Approximately €80 million that past performance is not a guide to future performance attractive dividend and net. Was sold back to its ventilated barrel jacket for one month 31 March 2020 a of... In 2020 and over the last one quarters, SIG produced more than 170 of. During 2017 - 2018 and final run in July 2020 similar to the precision processes... New phase of SIG 's business in the twelve months ending 30 September 2020, SIG is leading... 53 KR the issuer is solely responsible for the period to adjusted net income moved a! And has 10-100 employees September 2020, SIG Combibloc Group AG has been active in various businesses its! As employees by title and much more effective tax rate was lower a. Resulted in a safe, sustainable and affordable way will become part of the Utrecht sneltram trams remained under...
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