The first half of 2025 saw the Vetropack Group operating in an environment of great uncertainty. After a challenging 2024 – marked in particular by the closure of the St-Prex plant, declining demand, overcapacity and sustained price pressure – the situation in most of the core markets continues to be tense. The recovery Vetropack was hoping for has not yet materialised. Instead, the consumer goods market in particular is proving to be very changeable – and this is impacting demand for glass packaging.
Against this backdrop, Vetropack is keeping firmly to its course: the company is securing the financial stability of the Group of companies by implementing consistent cost control, a conservative investment and personnel policy, and proactive management of the production capacities. At the same time, Vetropack is targeting its investments at projects that will strengthen the competitive edge in the long term and drive its Strategy 2030+ ahead. In all these ways, Vetropack is creating the conditions that will enable the Group to respond quickly to changing market developments, even in a volatile environment.
Outlook for the second half of 2025
Vetropack is seeing first positive signs in some markets, but the overall situation is not yet stable.
The war in Ukraine is continuing, and economic policy changes in the United States may influence global markets and thus impact Vetropack Group as well. However, a sound financial base, innovative strength and – last but not least – the team spirit of employees across all the locations provide strong foundations for the continued success of the Group going forward.
The Group expects sales and profitability to show stable development in the second half of the year. With this in mind, Vetropack is focusing particular attention on optimising its liquidity so the Group can continue to strengthen the its balance sheet, which is already solid. As forecast in March, consolidated profit for 2025 it’s expected to be higher than in the prior year.
This is also the last semi-annual report for CEO Johann Reiter in the post he has held for many years, because he will be retiring due to his age. Dr. Lukas Burkhardt, an experienced expert, will take over management of the Vetropack Group at the end of 2025/start of 2026. The Group would like to take this early opportunity to thank Johann Reiter for his enormous personal commitment and his significant contributions to the development of the company.
The semi-annual report 2025 is available here.