Sector: Basic Materials | Industry: Non-Paper Containers & Packaging |
Company Contact | |
Address: | 100 Saulteaux Cres WINNIPEG MB R3J 3T3 |
Tel: | N/A |
Website: | https://www.winpak.com |
IR: | See website |
Key People | ||
Antti I. Aarnio-Wihuri Chairman of the Board | Olivier Y. Muggli President, Chief Executive Officer | Scott M. Taylor Chief Financial Officer, Vice President |
James C. Holland President - Winpak Division | Ryan M. Roberts President - Winpak Portion Packaging, Winpak Heat Seal, Winpak Lane, Inc. | Mustafa Bilgen Vice President - Technology and Innovation | Randy W. Zasitko Vice President - Supply Chain and Procurement |
Business Overview |
Winpak Ltd. is a Canada-based company, which manufactures and distributes packaging materials and related packaging machines. The Company's products are used primarily for the packaging of perishable foods, beverages and in healthcare applications. The Company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding and Packaging Machinery. The Flexible Packaging segment includes the modified atmosphere packaging, specialty films and biaxially oriented nylon product groups. The Rigid Packaging and Flexible Lidding segment include the rigid containers, lidding and specialized printed packaging product groups. Rigid containers include portion control and single-serve containers, as well as plastic sheet, custom and retort trays. Packaging Machinery segment includes a full line of horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid products and certain dry products. |
Financial Overview |
For the 13 weeks ended 31 March 2024, Winpak Ltd revenues decreased 9% to $276.8M. Net income decreased 10% to $35.5M. Revenues reflect Flexible packaging segment decrease of 10% to $147.3M, Rigid packaging and flexible lidding segment decrease of 6% to $122.2M, United States segment decrease of 10% to $219.9M, Canada segment decrease of 4% to $37.5M. |
Employees: | 2,563 as of Dec 26, 2021 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,105M as of Mar 31, 2024 |
Annual revenue (TTM): | $1,524M as of Mar 31, 2024 |
EBITDA (TTM): | $309.49M as of Mar 31, 2024 |
Net annual income (TTM): | $197.55M as of Mar 31, 2024 |
Free cash flow (TTM): | $195.97M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 64,814,804 as of Apr 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |