Elopak reports 4.9% revenue growth in second quarter
Norwegian packaging manufacturer Elopak announced a 4.9% increase in revenue for the second quarter of 2026 compared to the previous year. The company's net profit attributable to shareholders also rose year-over-year. The Americas division experienced a significant 8.7% growth in constant currency, fueled by organic expansion and new customer agreements.
However, Elopak faced pressure on margins in the EMEA region due to elevated raw material costs stemming from the ongoing conflict in the Middle East. To counteract these higher costs, the company introduced customer surcharges. Elopak's adjusted EBITDA for the quarter was reported at EUR 45 million. The firm anticipates that the impact of these surcharges on raw material costs will be alleviated in the upcoming quarters.
Elopak highlighted that geopolitical uncertainties and increasing input costs continue to pose challenges for the business.
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