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New orders up 22.1%, rising to €349.1m (previous year: €286m)

Revenue of €238.4m down a slight 2.1% on the previous year’s figure – proportion of service business higher in the first quarter of 2022
Order intake and revenue substantially better than the industry average
Business performance heavily impacted by the pandemic, supply chain bottlenecks and the related increase in the cost of materials and energy
Despite challenging underlying conditions and a slight decline in revenues, improvement of €0.4m in EBIT to €-8.5m (previous year: €-8.9m); EBIT margin -3.6% (previous year: -3.7%)
Savings of around €10m achieved from the P24x efficiency programme in Q1 2022
Free cash flow impacted by changes in net working capital and high order backlog
Increase in order backlog to €917.5m (previous year: €674.5m), providing a solid basis for the rest of 2022
Full-year forecast for 2022 and medium-term targets confirmed

Scotch™ Brand today announced its Scotch™ Cushion Lock™ protective wrap, a sustainable alternative to plastic cushion wrap made from 100% recycled paper and easily recycled in curbside bins, was recognized as a 2022 Fast Company World Change Ideas Awards finalist in the consumer products category.

The Russian invasion of Ukraine has triggered a catastrophic humanitarian crisis with lives being lost and thrown into turmoil, properties and infrastructures destroyed, and millions of livelihoods being threatened every day. It is our duty as humans to provide support and assistance as best we can to the citizens of Ukraine in their deepest time of need.

By Susan DeGroot, Director of Food + Beverage Marketing, North America
Aptar Food + Beverage is an industry leader with more than 30 years of revolutionizing markets with packaging innovations worldwide. As the market continues to demand more sustainable product solutions, we are rising to the challenge. That is why we are proud to introduce SimpliCycle, our fully recyclable flow control valve, as one more way Aptar is bringing sustainability to the forefront of innovation for caps and closures.

Under the name VIVUS Nature-Board, the paper wholesaler Berberich is now offering a new grass-based board made from recycled and grass fibre. The new quality is suitable as folding box board for all common packaging, but also for the production of sustainable folders, cards and hangtags.

Sustainability has always been a very important concern for Nordsee GmbH. The leading supplier of fish specialities in Europe now relies on new sustainable packaging made of corrugated board. The packaging is used in the restaurant chain's out-of-home sales and replaces the previous plastic packaging.

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