Glass packaging manufacturer Vetropack has unveiled the specifics of its new strategy during an investor day, detailing how it plans to achieve growth and profitability targets first introduced in August.
By 2030, Vetropack expects revenue growth in the low single-digit percentage range at constant exchange rates, outpacing the broader market. The company also anticipates a recovery in operating profit and a double-digit operating margin by the end of its mid-term planning horizon. Additionally, Vetropack is targeting a double-digit return on capital over the same period.
The Bül-based firm said it will pursue these objectives primarily through higher utilization of production capacities, an improved product mix and greater operational efficiency.
Growth levers include expanding its offerings beyond pure packaging, focusing on emerging market segments such as low-alcohol and non-alcoholic beverages, and increasing export activity, according to the company's Wednesday announcement.
On the cost side, Vetropack plans to streamline internal processes. "An important lever for us lies in the standardization, automation and digitalization of our processes," said Guido Stebner, the company's chief technology officer.
