Annual report 2025: Elopak cut direct emissions by 39 % as strategy implementation accelerated

Global carton packaging company Elopak has published its 2025 Annual Report, revealing a 39 % reduction in absolute Scope 1 and 2 emissions against its 2020 baseline, as well as record revenues in excess of EUR 1.2 billion.

Commenting on the 2025 Annual Report, CEO Thomas Körmendi said: “2025 was another landmark year for Elopak. In a world affected by trade tensions, inflation, and conflict, we delivered strong financial results and remained a reliable partner to our customers. “We continued to execute our ‘Repackaging tomorrow’ strategy with focus and confidence: driving profitable growth; advancing low-carbon, fiber-based packaging; and meeting recycling requirements. “I would like to thank our employees, customers, suppliers, and partners for their commitment and trust. Together, we made 2025 another strong year for Elopak.”

PLANET: Strongest sustainability performance on record

The reduction in absolute Scope 1 and 2 emissions by 39 % against its 2020 baseline keeps Elopak firmly on track to achieve its SBTi-approved target of a 42 % reduction by 2030. Elopak continued to run on 100 % renewable electricity across its manufacturing operations.

Innovation continued to shape the development of Elopak’s product and technology portfolio. The company launched its first cartons made with recycled and renewable polymers, positioning the business ahead of incoming EU Packaging and Packaging Waste Regulation (PPWR) requirements. The Pure-Fill A60L, a next-generation aseptic filling machine, was also introduced during the year, bringing a flexible, modular design that enables fast changeovers across multiple carton sizes.

PROFIT: Revenues surpassed EUR 1.2 billion for the first time

In 2025 Elopak recorded revenues of EUR 1,206 million, a 4.2 % increase year-on-year, with an EBITDA of EUR 184.7 million and an EBITDA margin of 15.3 %.

The Americas business was a standout performer, delivering 18 % organic revenue growth anchored by the opening of Elopak’s first U.S. production plant in Little Rock, Arkansas. Meanwhile, in India, the Roll Fed business delivered 28 % organic revenue growth, with the first chilled Pure-Pak® cartons hitting the shelves.

PEOPLE: Scaling a high-performance culture

Elopak’s strong commitment to safety continued in 2025 with a decrease in the Total Recordable Injury (TRI) score to 4.0. A new senior mentoring system was rolled out to ensure knowledge transfer and cultural continuity as the organisation grows, and 100 % of employees completed Code of Conduct training. The first group from Elopak’s graduate programme were welcomed into the company during the year, as the total number or employees surpassed 3,000 worldwide.

The full 2025 Annual Report can be downloaded at https://www.elopak.com/investor-relations/reports-and-presentations/annual-reports/latest-annual-report/.