Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Vetropack Holding AG is a leading European manufacturer of glass packaging, specializing in lightweight glass bottles and wide-neck jars for the food and beverage industry, as well as pharmaceutical and cosmetics sectors. Founded in 1911 and headquartered in Bülach, Switzerland, the independent, family-managed company operates 12 state-of-the-art production plants across Switzerland, Austria, the Czech Republic, Croatia, Slovakia, Ukraine, Italy, Romania, and the Republic of Moldova, employing 3,585 people. Vetropack Holding AG emphasizes sustainability, utilizing 57% recycled glass content and advancing innovations like thermally tempered lightweight bottles at its Innovation Centre in Pöchlarn, Austria. Its holistic Service plus+ approach optimizes customer value chains, ensuring safe, elegant, and responsible packaging solutions that minimize environmental impact through efficient production and recycling initiatives. In 2024, the company reported net sales of CHF 842.1 million, underscoring its resilience and strategic focus on cost efficiency, climate protection, and long-term customer partnerships in the competitive packaging market.
Operating margin is thin at 4.71%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 7.5% YoY. Margins deteriorated 2.2pp alongside, both lines moving the wrong way.
Free cash flow declined 55% versus the prior year, cash generation momentum has weakened. Net debt of CHF 148M represents 7.1x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
CHF 779M
▼ -7.5% YoY
Net Income (TTM)
CHF 4M
▼ -72.3% YoY
Op. Margin
4.71%
▼ -2.2pp YoY
ROIC
1.88%
▼ -1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
CHF 21M
▼ -54.5% YoY
Op. Cash Flow (TTM)
CHF 104M
▲ +65.3% YoY
Net Debt
CHF 148M
Cash & Equiv.
CHF 97M
3Y CAGR: -4.7%
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