HP Industrial Print and ePac Flexible Packaging Enter into Multiyear Strategic Agreement to Convert ePac’s Flexible Packaging Fleet to HP Indigo 200k

Marc Shore, president of WestRock’s Multi Packaging Solutions (MPS) business, decided to leave WestRock, effective August 17, 2020. Patrick Kivits has assumed the role of president, MPS since Shore’s departure. Kivits joined WestRock in 2019 from H.B. Fuller and has served as the executive vice president for MPS since that time, where he was responsible for the company’s MPS North America operations. In this role, Kivits worked to ensure an ongoing commitment to customers while driving continuous growth, innovation and exceptional results. He also served as steward of WestRock’s China Operations, guiding a cohesive company presence while supporting the company’s MPS China Operations.

Metsä Board, part of Metsä Group, will be exhibiting its future-ready premium paperboards, innovative new packaging solutions and services for co-creation to the beauty industry at the 2024 Paris Packaging Week in January. During January 17 – 18, the PCD event will gather packaging developers, designers and suppliers shaping future of packaging for the beauty market to the Paris Expo Porte de Versailles exhibition centre. At Metsä Board’s booth (L60), visitors will have the opportunity to challenge a team of experts with their specific needs and hear more about how to lower the carbon footprint of their packaging or boost packaging design innovation through introduction of a unique co-creation concept hosted by the company’s state-of-the-art Excellence Centre.

January–December 2020 (compared to 1–12/2019) • Sales were EUR 1,889.5 million (1,931.8). • Comparable operating result was EUR 221.2 million (184.4) or 11.7% (9.5%) of sales. Operating result was EUR 227.3 million (180.8). • Comparable earnings per share were EUR 0.46 (0.41), and earnings per share were EUR 0.48 (0.41). • Comparable return on capital employed was 12.2% (10.4%). • Net cash flow from operations was EUR 307.7 million (200.5). October–December 2020 (compared to 10–12/2019) • Sales were EUR 473.1 million (478.4). • Comparable operating result was EUR 64.5 million (39.1), or 13.6% (8.2%) of sales. Operating result was EUR 64.5 million (20.0). • Comparable earnings per share were EUR 0.14 (0.09), and earnings per share were EUR 0.14 (0.05). • Comparable return on capital employed was 14.3% (8.9%). • Net cash flow from operations was EUR 81.0 million (89.6).