VPK Group reports strong results in 2023

VPK Group has reported a solid performance in 2023, achieving annual sales of €1.8 bn, a 15% decrease due to reduced consumer spending and containerboard price reductions.

Operating cash flow (EBITDA) reached €265m. The company invested €122m in key sustainability initiatives, the completion of the conversion of the Normandy paper mill and the launch of the fanfold corrugated segment. Despite volatile market conditions, the company successfully integrated several new businesses.

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