Elopak ASA Reports Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2021
August 23, 2021 at 07:00 pm EDT
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Elopak ASA reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2021. For the quarter, total income was EUR 242,060,000 against EUR 252,855,000 for the same period of last year. Operating profit was EUR 14,774,000 against EUR 22,954,000 for the same period of last year. Profit was EUR 12,407,000 against EUR 13,379,000 for the same period of last year. Basic and diluted earnings per share was EUR 0.05 against EUR 0.05 for the same period of last year.
For the six months, total income was EUR 464,855,000 against EUR 485,904,000 for the same period of last year. Operating profit was EUR 31,932,000 against EUR 36,744,000 for the same period of last year. Profit was EUR 23,358,000 against EUR 29,167,000 for the same period of last year. Basic and diluted earnings per share was EUR 0.09 against EUR 0.12 for the same period of last year.
Elopak ASA is a Norway-based supplier of carton packaging and filling equipment. The Company provides packaging solutions that offer a natural and convenient alternative to plastic bottles and are designed to meet the needs of a low carbon circular economy. Elopak delivers complete and optimized packaging systems designed to minimize the food waste. The Company business is represented in two business segments: Dairy and Juice. Elopak AS is parent company to many subsidiaries, including but not limited to: Elopak B.V., Elopak GmbH, Elopak SpA, Elopak Denmark A/S, Elopak Oy, Elopak Egypt LLC, Elopak UK Ltd and Elopak Systems AG among other. The Company operates worldwide in more than 42 countries.