Avery Dennison to Acquire JDC Solutions, Inc.

In PakoPharm®, Koehler Paper has a specialty paper in its range, which is exclusively used as package inserts for medications and cosmetics or as instructions for use. Low paper weight and good readability are particularly important for these applications. Koehler’s PakoPharm® thin printing paper meets both of these requirements. This specialty paper with a grammage of 37 gsm to 60 gsm is ideally suited for printing and further processing on both sides, so even the smallest characters can be read with no problem. Thanks to its excellent running properties and printability in printing and folding machines, PakoPharm® is also perfect for challenging print jobs. As a leading developer and manufacturer of reel fed folding machines, GUK values outstanding quality, innovation and sustainable responsibility. With more than 70 years’ experience, the company develops and produces complex high capacity folding machines. Over 65,000 folding machines have been sold bearing the name GUK as a quality seal. The company account for approx. 70% of the worldwide demand for reel fed folding machines. “Whenever we build a new machine for package inserts for someone, wherever they are in the world, we prefer to test with PakoPharm®. That way we know that it works,” says Sebastian Faulhaber, Corporate Development and Marketing at GUK.

JANUARY–SEPTEMBER 2020 (1–9/2019) *Sales were EUR 3,698 million (4,183). *Operating result was EUR 279 million (342). Comparable operating result was EUR 274 million (418). *Result before taxes was EUR 242 million (298). The comparable result before taxes was EUR 236 million (374). *Comparable return on capital employed was 7.0% (11.0). *Cash flow from operations was EUR 419 million (421). JULY–SEPTEMBER 2020 (7–9/2019) *Sales were EUR 1,245 million (1,374). *Operating result was EUR 116 million (110). Comparable operating result was EUR 115 million (110). *Result before taxes was EUR 103 million (96). The comparable result before taxes was EUR 102 million (96). *Comparable return on capital employed was 8.8% (8.7). *Cash flow from operations was EUR 179 million (239).

Record quarterly reported operating income of $1.04 billion driven by unprecedented high lumber prices and a strong operating performance across all regions; record-high quarterly sales of $2.5 billion. Results in the pulp and paper segment largely reflected materially higher Northern Bleached Softwood Kraft (“NBSK”) pulp unit sales realizations, and to a lesser extent, an 8% increase in shipments following transportation disruptions experienced in the first quarter of 2021. These factors more than offset the impact of the stronger Canadian dollar and market-related fibre cost increases in the current quarter.