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Elopak ASA: Trading update for first quarter 2026
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Material |
| Industri | Skog & Cellulosa |
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Elopak ASA ("Elopak", Oslo Børs Ticker: ELO) provides a trading update for the first quarter of 2026. Preliminary consolidated accounts as of end of February indicate a softer-than-expected revenue and EBITDA development, following a year of strong financial results and strategic progress in 2025.
Based on the preliminary accounts, we forecast revenue below EUR 300 million with EBITDA margin of around 14% for the full quarter. The main drivers for the results development are:
- Ramp-up in Little Rock has been slower than expected due to decline in demand for plant-based products in America
- General soft consumption in Europe and decline in aseptic juice market in a price competitive environment
- Reduced volume and continued margin pressure in India due to imbalances in non-system market
- Frontloading of cost related to strategic initiative and one-off effects related to filling machines
“Elopak has delivered resilient and strong financial results over the last 3 years. While the development so far in 2026 is weaker than expected, we remain confident our strategy ‘Repackaging tomorrow’ and our financial mid-term targets”, says CEO Thomas Körmendi.
The full Q1 2026 report with full year outlook for 2026 will be released on 5 May 2026 at 07:00 AM (CET).