Ranpak Holdings Corp. Reports First Quarter 2022 Financial …

Our top line recovered nicely as we exited Q1 and we implemented pricing actions in North America and in Europe that had been delayed due to our ERP transition to offset a portion of the significant input cost inflation we experienced at the end of the year and into Q1.” To counteract the margin pressure from the energy shock, we plan to implement further actions in June – in the form of pricing or surcharges, or both – which, combined with our April pricing actions, we expect will improve our margin profile as the year progresses.