Schumacher Packaging increases annual turnover to 1.2 billion euros

Turnover up by almost 40 percent: Europe-wide manufacturer of corrugated and solid board packaging grows in crisis year.

Decisive factors for the strong growth were the development of new product fields and strategic decisions.

The sales target of 1 billion euros was clearly exceeded across all the whole Group. However, no growth was achieved in the core business areas. Against the backdrop of increased energy prices, strong inflation and falling consumption, which shaped market events with the outbreak of the war against Ukraine, the packaging specialist’s sales remained almost constant compared to the previous year. The growth in sales was mainly achieved through the acquisition of additional plants and the development of new product fields to meet the demand for plastic reduction, especially from the food industry, but also from online retail.