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Constantia Flexibles Company Presentation

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Page 1: 170821 Company Presentation EN 2 - Flexible Packaging ...€¦ · lamination Raw material ... printing line with inline lamination. Company Presentation 35. Food: ... 170821_Company

Constantia FlexiblesCompany Presentation

Page 2: 170821 Company Presentation EN 2 - Flexible Packaging ...€¦ · lamination Raw material ... printing line with inline lamination. Company Presentation 35. Food: ... 170821_Company

Constantia Flexibles in a nutshell

#2in Europe

#4globally

56production sites

in 24 countries

Headquarters

in Austria, ViennaVienna

3 business segments

FOOD, PHARMA, LABELS

7%paper-based

43%aluminum-based50%

plastic-based

~ 10,000employees

4,000requests for

sustainability/year

Company Presentation 2

Shareholders

Wendel Group (~61%)

AREPO Foundation (~27%)

Maxburg Capital Partners

(~11%)

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Global production network: 56 plants in 24 countries

Production Site Sales Office12 7 10

3 5

Company Presentation 3

10 1 8

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Global trends drive demand for flexible packagingSubstitution from rigid to flexible packaging

Emerging

middle class

Urbanization

Premium

products

Health

Sustainability

Global trends Factors driving demands

� Demand for packed food with longer shelf lives

� From large to small families

� Purchase based on social demands

� Demand for premium and functional packaging

� Significance of marketing / branding

� Ageing society demands pharma products

� Health standards in emerging markets rise

� Smaller carbon footprint

� Reduction of material thickness, etc.

Packaged food

Premium brand packaging

Premium and convenient packaging

Pharma packaging

More environmentally friendlypackaging

Flexible packaging solutions

Company Presentation 4

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The 4 Ps of packaging – at the heart of our business

Promotion � Promotional text

� Customer convenience

(microwave ability)

� Functionality (carrying, opening)

Preservation � Ensures longer shelf life

� Barrier functions against

UV light, moisture,

oxygen, and seal integrity

� Hygiene standards

Protection� Puncture resistance

� Burst strength

� Tamper evidence

Presentation� Shape

� Portion size

� Essential information

Company Presentation 5

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Our core values

Employees We have an international team

based on a corporate culture

of trust, excellence and

performance

Customers We focus on innovation and

quality to make our customers

more successful

GrowthWe expand globally with our

customers and create value

for all stakeholders

Society &

environmentWe balance economic success

with environmental and social

responsibility

Company Presentation 6

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Strong market position in attractive segments

~ 56% of sales in attractive markets, where Constantia commands a #1 or #2 position

Global #1

� Confectionery foil

� Die-cut lidding

� Alu-container systems

Global #2

� Blister lidding foils

� Coldform foils

Global #1

� Beer labels

� In-mould labels

Company Presentation 7

Global #2

� Reel-fed lidding

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Long-term partnerships with customers

Pharma LabelsFood

Company Presentation 8

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Integrated Production

Adhesive

lamination

Raw material

PET/PE/AL/Paper

Rolling

Extrusion process

Finishgood product

(reels or pieces)

Slitting process/

finishing

Ink kitchen

Pre-press and cylinder

engraving process

Blow film extrusion

Cast extrusion

Printing process and

varnishing process

of metallized paper

Company Presentation 9

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� Digital printing opens the

doors to digitalized

production with worldwide

quality standards

� Quick turnaround saves

costs and enables faster and

especially more flexible

production

� Cloud solutions increase

flexibility

� Personalized and individual

designs

� Trend to short production

runs

Digital Printing

Company Presentation 10

We have digital printing in

Australia, Malaysia, USA and

UK – all in Labels division

Latest HP Indigo printer in

UK focused on Pressure

Sensitve Labels

Projects for Flexibles

Packaging and Blister Foil

Digital Printing ongoing

Cwmbran (UK)

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Quality and product safety

� All sites have implemented a Quality

Management System

� Specifically certified systems in dedicated

plants

� Full traceability of raw materials and

processes

� Raw materials only from approved suppliers

� Implemented risk management

� Fulfillment of legal requirements

� Well-equipped quality labs at our sites

� Full compliance with customer

specifications

Company Presentation 11

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Sales by region and division 2016

Sales by region Sales by division

Labels

61%

24%

9%

6%

Europe

America

(USA/Mexico)

Asia

Middle East/Africa

57%29%

14%

Pharma

Labels Food

Company Presentation 12

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Growth development over the last 10 years

Sales (€ mn) and sales growth (%)

766

1.029 1.026 977 1.047

1.213 1.314

1.634 1.712

1.870

2.062

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015* 2016

+10.4%p.a.

Operative EBITDA (€ mn) and EBITDA growth (%)

108 143 139 136 158 170 188 234 256 263 287

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015* 2016

+10.3%p.a.

EBITDA Margin (%)

14,1% 13,9% 13,5% 13,9% 15,1% 14,0% 14,3% 14,3% 14,9% 13,9% 13,9%

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015* 2016

Company Presentation 13

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Investments in growth

OEP Wendel Group

Globalpack

Spear

Parikh

Pemara

Afripack

Oai Hung

AlucapIPO & Trade Sale Folding

Lamp

Bucharest

Acquisition Divesture/Closure

2013 2014 2015 2016 2017

Company Presentation 14

Printer Labels

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FOCUS21 – based on three pillars

Defend and

extend leading

positions

Greater ambitions Acquisitions

Key levers for implementation

Company Presentation 15

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Driving Global Expansion by M&A

Market Position� Nr. 4 globally

� Nr. 2 in Europe

� Nr. 1 in Mexico

� Nr. 2 in Sub-Sahara Africa

� Key Player in India

� Niche Portfolio leader in U.S.

Focus for mid-term

expansion� Expand in U.S.

� Strengthen position in

South East Asia and IndiaConstantia Flexibles Market Presence with local production

Company Presentation 16

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Weiden (Germany)

Mühlhofen (Austria)

Modern Competence Centers for film, aluminum & polymer films

� First technical

contact to our

suppliers to

stimulate in-house

developments

� In- and external

consultant for the

right raw material

selection process

� Analytical

capabilities

� Lab equipment

to produce small

samples and

mock-ups

20 experts working on

close to 100 projects

every year

30 experts working on

close to 100 projects

every year

Company Presentation 17

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Sustainable Packaging Interactive Packaging Product Safety Pouches & Bags

Focus on innovation along 8 key innovation themes

1 2 3 4

Easy Open & Reseal High-End Graphics Digital Printing Transparent High Barrier5 6 7 8

85% renewablematerials

High-barrierproperties

Bio-certified

Connecting packaging

With the

Virtual world

Holograms

Security foil

Security pigments& inks

Security graphics& design

Tamper evidence

2-chamberpouch to separateliquid & dry content

Breakable membraneinside

Fresh ready-to-drink

Re-sealPS label

No filling machinechanges

Easy-opening

Multiple re-seal

Tamperevidence

3D inks

Next generationdie-cut lidding

Separation

No embossingnecessary

Hybridin-line digital printing

with conventionalprinting process

Cost effectivepersonalization

Transparentpaper look

High barrierlacquer

Company Presentation 18

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Sustainability policy

� Systematic risk management

� Compliance guidelines

� Comprehensive quality

management

� Environmentally friendly and

resource-sparing production

technology, materials and

ingredients

� Reduction of environmental

pollution, waste & greenhouse

gases

� Ethical sourcing

(member of SEDEX)

� Social outreach projects for

disadvantaged groups

� Group Social Award for

outstanding achievement

Economic responsibility Social responsibilityEnvironmental responsibility

Company Presentation 19

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Sustainability in 2016

600ecological assessments and

life cycle assessments for

raw materials and products

per year

64sponsoring activities

worldwide

51social initiatives

(thereof 64% with

focus on local

communities)

~ 50%of the world‘s electricity

purchased from

renewable resourses

88initiatives with environmental

focus reducing energy con-

sumption and CO2 emissions

> 50%of our plants own technologies for the

recovery of solvents and for the

avoidance of solvent emissions

~ 150ISO-certificates

for our plants

worldwide

ISO

Company Presentation 20

<CO2 40%the Group-wide goal of CO2

reduction by 2023 (per

square meter produced)

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Number of employees by region*

20%

53%

7%

20%

Company Presentation 21

* Full Time Equivalent (FTE)

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Experienced people with passion for packaging

� Work beyond country borders

� Foster proximity and openness

� Encourage international

transfers

� Collaboration to culture and

respect

� Hire the best candidates through

structured processes

� Develop employees’ skills and

performance based on three

core competencies: Driving

customer value, fostering

collaboration, passion for results

� Strategic talent management

� Design our reward and com-

pensation system in order to:

– Foster motivation and

competitiveness

– Increase performance-

orientation

An attractive employer with a corporate culture focused on employee development

Culture & respect Learning & development Rewards & fringe benefits

Company Presentation 22

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Health, Safety, Security & Environment (HSSE)

� H-S-S-E: These 4 letters stand for “Health, Safety, Security

and Environment”. This means protecting all assets –

especially personnel, contractors, neighbors, machinery,

equipment, technological knowhow, data, reputation

� Constantia Flexibles focuses on proactive measures to

achieve ZERO LOSS – NO HARM.

� In 2016, Constantia Flexibles was able to decrease the LTI

(lost time injury) rate by 21.5%.

Company Presentation 23

Every single work-related accident with injury to a person is one accident too many!

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Key take-away messages

Organic growth and acquisitions

Effective cost-management and Operational Excellence

Stable growth based on high share of essential daily products

Expansion of product portfolio through innovative solutions

CIP

Operational

Excellence

Lean

Six Sigma

Company Presentation 24

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PEOPLE

PASSION

PACKAGING

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Products

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Processed Meat: Alufoil & Container Systems

CONSTANTIA

Pet CarePreformed Aluminum trays and lids

are ideal for the special packaging

requirements of wet petfood.

CONSTANTIA

HumanfoodFully retortable, preformed

Aluminum trays and lids can be

used for various food products.

CONSTANTIA

CapsulesSmall, Aluminum based portion

packs for liquids, gels, powders,

R offer best barrier and

processing properties.

CONSTANTIA

InnovationsSmall, Aluminum based portion

packs for liquids, gels, powders,

R offer best barrier and

processing properties.

Company Presentation 27

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Processed Meat: Pouches & Bags

CONSTANTIA

Wet PetfoodPouches are a common flexible

packaging format for wet petfood

and are the modern and flexible

packaging solution.

CONSTANTIA

Wet HumanfoodPreserved Food packed in

Pouches are the modern and

flexible alternative for traditional

rigid packaging solutions.

CONSTANTIA

Dry PetfoodDry Petfood in Bags and Pouches are

an efficient and convenient packaging

solution for multi-use formats.

Company Presentation 28

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Processed Meat: Films & Laminates

CONSTANTIA

Retort LiddingRetort lidding films and

laminates are convenient and

can be based on aluminum or

plastic-barrier films.

CONSTANTIA

Chilled MAP FilmsFlowpacks and Lidding Films

with special barrier properties

to be used also for modified

atmosphere packaging.

CONSTANTIA

Dry LaminatesPacking laminates for dry,

meat-based products.

Company Presentation 29

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Dairy: Die Cut Lids

CONSTANTIA

Die Cut 2020A coextrusion coated die cut lid with

a thin aluminum layer of 20 µm.

CONSTANTIA

Unembossed LidThe proven heat seal lacquered

unembossed aluminum die cut

market standard.

CONSTANTIA

PaperlidThe 3-layer aluminum

free die cut lid solution.

Company Presentation 30

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Dairy: Reel Fed Lidding

CONSTANTIA

Alu FFSAluminum reel fed lidding material

specification for FFS fillers.

CONSTANTIA

FlexpapAn aluminum free Paper/PET

laminate sealing against PS.

CONSTANTIA

BanderolePaper based banderole to enhance

the packaging of a product. High-

Gloss and Metallized available.

Company Presentation 31

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Dairy: Yellow Fat Wraps & Cheese

CONSTANTIA

Flow WrapFilm laminate solution for flow wrap

packaging. HD-flexo or gravure

printed plus pattern lacquer possible.

CONSTANTIA

ComiwrapAn aluminum free Paper/PET

laminate sealing against PS.

CONSTANTIA

Melted Cheese

Packaging SystemConstantia Flexibles system supplier

for melted Cheese packaging: shell

foil, lid foil and tear strip.

Company Presentation 32

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Dairy: Specialities

CONSTANTIA

StickPackFor packing dairy products into

a duplex or triplex flow wrap,

adapted accordingly to the filling

good and the customer request.

CONSTANTIA

TopperA plastic cover filled with any

ingredients e.g. muesli, cornflakes,

closed by a die cut lid & applied on

top of the yoghurt pot.

CONSTANTIA

Promotion CodingWide array of solutions for promotional

coding: Inkjet: the individual code is

printed – possible on both sides Reverse

print: limited codes available.

Company Presentation 33

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Food: Confectionery Foil

CONSTANTIA

Wrap for Seasonals

& PralinesSpecial tailormade aluminum

alloy for deep draw application

with outstanding deadfold.

CONSTANTIA

Tablet FoilClassic aluminum wrapper

for chocolate bars.

CONSTANTIA

Chewing Gum Inner

& Outer WrapperAluminum paper laminate for chewing

gum inner and outer wrapper.

Company Presentation 34

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Food: Confectionery Film

CONSTANTIA

Twist WrapTwist solutions with multilayer for very

specific customer requirements.

CONSTANTIA

Confectionery PouchWide variety of film laminates

with excellent seal properties.

CONSTANTIA

Film Laminate for

Salted SnacksSpecialized production on dedicated

printing line with inline lamination.

Company Presentation 35

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Food: Processed Foods

CONSTANTIA

Liquid PouchReel-fed plastic material for pouches

containing liquid beverages.

CONSTANTIA

Foil Laminate for

Soup Cubes & YeastMono materials or aluminum

laminates with film or paper,

in form of folded or sealed cubes.

CONSTANTIA

Soup PouchSpecial developed multi layers

for all kind of packaging formats:

pouch, doypack, etc. Available

matt/glossy effect.

Company Presentation 36

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Food: Coffee & Tea

CONSTANTIA

Coffee & Tea PacksSpecial developed multi layers for

all kind of packaging formats:

pouch, doypack, sachets, etc.

CONSTANTIA

Lidding for Coffee

CapsulesLacquered, coex-coated or laminated

materials for closing of any PP-, PE-

and PBT-based capsules.

CONSTANTIA

Printing EffectsA selection of exclusive features which

can be applied on various packaging

solutions for brand differentiation &

premium appearance (e.g. matt/glossy,

metallized, paper touch).

Company Presentation 37

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Pharma: Coldform

CONSTANTIA

ColdformMost economical ultra high

barrier blister packaging

CONSTANTIA

Coldform LotusCustomized solution with

antistick effect

CONSTANTIA

Coldform DryFoilColdforming Foil with active

moisture protection

CONSTANTIA

Coldform PentaColdforming Foil

supporting outstanding

pocket dimensions

Company Presentation 38

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Pharma: Blister & ACF

CONSTANTIA

BlisterHigh Performance Lidding

Foils for blister packaging.

CONSTANTIA

Blister EcoEconomic PVC blister lidding

for products with lower barrier

requirements.

CONSTANTIA

Blister All in oneHigh Performance Lidding

Foils for blister packaging.

CONSTANTIA

Anti-CounterfeitEconomic PVC blister

lidding for products with

lower barrier requirements.

Company Presentation 39

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Pharma: Specials & Laminates

CONSTANTIA

SafemaxHigh Performance Lidding

Foils for blister packaging.

CONSTANTIA

Contact lensesHigh Performance Lidding

Foils for blister packaging.

CONSTANTIA

Stick PackChild resistant & senior friendly

opening features. DryFoil with

active moisture protection.

CONSTANTIA

SachetReliable product protection

with high seal integrity.

Company Presentation 40

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Health & Home and Personal Care

CONSTANTIA

Promotional &

Retail SachetCustomized packaging solution

for your individual needs.

CONSTANTIA

DoypackCustomized structures

that fits your needs.

CONSTANTIA

Bag on valveHigh performance laminates

suitable for demanding applications.

CONSTANTIA

Retail Sachet

with BreathabilityLaminate for products

which degas over time.

Company Presentation 41

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Labels

Spear RCPressure sensitive

labels, recycable

with PET.

ThermoWashPressure sensitive

labels, for returnable

bootles.

Digital PrintIndustry leading

technology.

InteractivityMultiple ways to

engage the

consumer.

SmartTop

foil can lidsMultiple ways to

engage the

consumer.

Paper LabelsHigh impact.

Cost-effective.

Company Presentation 42

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Labels

Shrink SleeveFull coverage.

Maximized

branding.

Foil LabelsPremium impact.

Tamper protection.

360 LabelsUnbelievably vivid

color. Exceptional

durability.

Pressure

SensitiveUnparalleled

efficiency.

Stunning

shelf appeal.

VerstraeteIn mould labels.

Spear SealMaximize

freshness

with convenient

re-sealable

packaging.

Company Presentation 43