UPM Raflatac to showcase their more sustainable sticky notes products at the Insights-X stationery expo

Fedrigoni Group has agreed yet another buy, which will give the business a dominant presence in the worldwide market for premium papers for wine and spirits. The acquisitive Italian group has signed an agreement with Papeterie Zuber Rieder to take over the business, subject to consultation with the French firm’s works council. Papeterie Zuber Rieder was founded in 1881. It employs 130 staff and since the turn of the century has focused its offering on specialty papers for labels, packaging and perfumed cards. Its range includes food grade papers and 'ice bucket proof' labels. Fedrigoni said the buy would create “the first global player in premium papers for wines and spirits”, and Zuber Rieder would benefit from its production capabilities and international network.

MM Group is proud to announce that it has successfully achieved recertification for the ISO27001 information security standard. This certification is a testament to the company’s commitment to maintaining the highest level of information security and protecting the confidentiality, integrity, and availability of its clients’ data. ISO27001 is an internationally recognized standard that provides a framework for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). The standard requires organizations to identify and assess information security risks, implement appropriate controls to mitigate those risks, and regularly review and improve their ISMS.

For the quarter ended 30 June 2020, Lecta had revenue of €206.6 million versus €345.6 million in the quarter ended 30 June 2019, a decrease of €139.0 million or -40.2%. This decrease was essentially attributable to Covid-19 pandemic: • Lower sales of CWF, Specialties and Purchased Products of €-127.5 million or -39.7%, from €321.2 million in 2Q2019 to €193.7 million in 2Q2020, resulting from lower sales volumes of 124,200 metric tons or -39.8%, 187,700 metric tons in 2Q2020 vs 311,900 metric tons in 2Q2019, and a slight increase in average net sales price of +2.4€/t or +0.2%, 1,032€/t in 2Q2020 vs 1,030€/t in 2Q2019; and • Lower sales of energy of €-11.6 million or -47.2%, from €24.5 million in 2Q2019 to €12.9 million in 2Q2020, resulting from lower sales volumes of 105,400 MWh or -35.8%, 189,000 MWh in 2Q2020 vs 294,400 MWh in 2Q2019, and a decrease in average sales price of -15€/MWh or -18%, 68€/MWh in 2Q2020 vs 83€/MWh in 2Q2019. EBITDA decreased by €24.4 million, or -91.1%, from €26.8 million in 2Q2019 to €2.4 million in 2Q2020. This decrease was the result of lower sales of paper in volume, partly offset by higher margin on variable costs and lower fixed costs.