
ProAmpac Releases 2025 Sustainability Impact Report: A Decade of Flexibility. A Future of Possibilities
'As we celebrate ten years of growth and innovation, we remain focused on what lies ahead: accelerating circular packaging, lowering our carbon footprint, and creating shared value for our employees, customers, communities, and partners. Our journey is far from over, but with every step, our purpose becomes clearer, and our momentum stronger,' said Greg Tucker, founder, vice-chairman, and chief executive officer of ProAmpac.
Key highlights from the 2025 Impact Report include:
Expanded Environmental Reporting: Environmental data has been updated to reflect historical usages from sites acquired in 2024.
Net Zero Commitment: Formal pledge to the Science Based Target initiative (SBTi) under the Net Zero Standard. Progression of scope 3 quantification and scope 1 & 2 third-party verification.
Offering a sustainable attribute for 100% of our product portfolio: Continuing to advance its leadership in sustainable packaging through our ProActive Sustainability® platform.
Scaling Fiberization of Packaging®: Advancing fiber-based alternatives for non-recyclable packaging to accelerate circularity.
Enhanced Safety & Community Engagement: Over 4,600 risk assessments completed in 2024; deepened community impact through global volunteer initiatives.
Employee Support Through PEAF: Over $1.75 million in assistance provided to employees and families since 2017.
To view the full 2025 Sustainability Impact Report and learn more about ProAmpac's initiatives, contact Sustaibability@ProAmpac.com or visit ProAmpac.com.
About ProAmpac
ProAmpac is a leading global flexible packaging company with a comprehensive product offering. We provide creative packaging solutions, industry-leading customer service and award-winning innovation to a diverse global marketplace. ProAmpac's approach to sustainability – ProActive Sustainability -- provides innovative sustainable flexible packaging products to help our customers achieve their sustainability goals. We are guided in our work by five core values that are the basis for our success: Integrity, Intensity, Innovation, Involvement, and Impact. Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and co-investors. For more information, visit ProAmpac.com or contact Media@ProAmpac.com.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 hours ago
- Yahoo
Do you need $1 million to be financially 'comfortable'? Answers here.
You don't need a million dollars to be financially comfortable. A little over $800,000 will do. That's the takeaway from the new Modern Wealth Survey by Charles Schwab. It may be mostly a matter of semantics, but American consumers see a big difference between the financial goals of comfort and wealth: A nearly $1.5 million difference, to be exact. Whatever else 'wealthy' might mean in 2025, numerous surveys attest, it definitely means having a net worth over $1 million. In the latest annual Schwab survey, released in July, consumers set the wealth bar at $2.3 million. But how much money does it take to be merely 'comfortable'? In four past surveys, consumers equated financial comfort to a net worth between $624,000 and $1 million. (The $1 million figure came in 2023, a year of rampant inflation.) This year's number: $839,000. What's the difference between 'comfort' and 'wealth'? What, then, is the difference between comfort and wealth? The Schwab survey didn't define the terms. Respondents were left to decide on their own. To Rob Williams, managing director of financial planning at Schwab, the distinction boils down to needs, wants and wishes. To many American consumers, Williams said, financial comfort means having enough net worth to meet their needs and wants. 'I can pay my mortgage. I have a home. I can pay my medical bills. I don't have to go paycheck to paycheck. I have enough to retire,' Williams said. 'That's what financial comfort means to me.' To be wealthy, he said, means you have enough money to satisfy your needs and wants, and also your wishes. 'Wishes are those things that are aspirational,' he said: Having enough money to retire when you want, or to vacation where and when you please. 'I think of wealth as, 'I have a lot more choices in how I use my time,'' Williams said. Here's how Americans define 'wealthy' Schwab asked survey respondents to define what wealthy means to them. Here, in descending order, are the most-cited factors: Happiness (45% cited it) 'Amount of money I have' (44%) Physical health (37%) Mental health (32%) 'Quality of my relationships' (24%) Life experiences (24%) Accomplishments (20%) Amount of free time (18%) Material possessions (17%) Is financial 'comfort' more dream than reality? Only 11% of consumers said they believe they are wealthy now: evidence, perhaps, that wealth is largely aspirational. Another 24% said they think they are on track to be wealthy. Gen Z and millennials were especially optimistic about wealth. More than two-fifths of both groups reported being either wealthy or on track to become so. Financial comfort, too, seems to be more of a dream than a reality. In the Schwab survey, only 20% of respondents reported feeling comfortable now. Another 28% said they're on track to achieve that status. Here, again, Gen Z and millennial Americans voiced more optimism, with more than half of each group saying they are financially comfortable, or getting there. The Schwab survey, conducted in April and May, reached a representative sample of 2,200 adults. Most American households are not particularly wealthy A net worth of $839,000, the cutoff for financial comfort in the Schwab survey, actually falls below the average net worth for American families in 2022, which was roughly $1.1 million, according to the federal Survey of Consumer Finances. But the super-wealthy skew that average. The median household net worth – think of it as the middle figure in a long list of numbers – is only $192,700. Lili Vasileff, a certified financial planner in Greenwich, Connecticut, defines financial comfort as essentially never having to worry about money. 'Comfortable, to me, means that I can meet my bills every day of the week, that I don't live paycheck to paycheck, that I have savings set aside as an emergency fund, and that I have made good progress toward achieving my financial goals,' she said. Being wealthy, she said, is about financial freedom and loftier goals. 'Wealthy, to me, means that I have savings that I don't need to dip into, and I can create a legacy for my children, that I have the ability to have a little more ego in terms of the quality of things that I want,' she said. 'You may feel like you're really comfortable at $800,000,' Vasileff said. But a lot depends on how much of the money is liquid, how much is investable, and how much is earmarked for spending, among other factors. The role of financial wellness Robert Brokamp, a senior adviser at The Motley Fool, defines financial comfort in much the same way the federal Consumer Financial Protection Bureau defines financial well-being. It's a four-part definition: Having control over day-to-day, month-to-month finances; Having the capacity to absorb a financial shock; Being on track to meet your financial goals; Having the financial freedom to make the choices that allow you to enjoy life. 'I think anyone who meets those criteria, they're comfortable,' Brokamp said. Brokamp also has a theory to explain the $2.3 million figure that Schwab survey-takers defined as 'wealthy' in 2025. It has to do with the faded luster of the American millionaire. 'If you're a millionaire, you're more than comfortable,' Brokamp said. 'But there's still this idea that being a millionaire ain't what it used to be.' Brokamp thinks that impulse may explain why the annual Schwab surveys consistently define 'wealthy' as a figure closer to $2 million: $2.2 million in 2022 and 2023, and $2.5 million in 2024. 'If you've got $2 million, you're a multimillionaire,' he said. 'And if you're a multimillionaire, you've got to be wealthy.' This article originally appeared on USA TODAY: How much money do you need to be financially 'comfortable'? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
2 days ago
- Yahoo
Becle SAB de CV (BCCLF) Q2 2025 Earnings Call Highlights: Navigating Growth Amidst Competitive ...
Release Date: July 24, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Becle SAB de CV (BCCLF) reported a 2.8% increase in consolidated net sales, reaching 11.5 billion pesos, driven by favorable foreign exchange effects and premiumization strategy. The company achieved a 16.7% growth in EBITDA, with a margin expansion of 270 basis points to 23.4%. Tequila remains a key growth driver, with the total tequila business growing by 0.6% and outperforming the total industry. Mexico posted solid second-quarter results with a 4.8% increase in net sales value, driven by an increase in volume. The company generated 1.7 billion pesos in net cash from operating activities, reflecting strong profits and progress in inventory right-sizing. Negative Points Net sales value in the US and Canada declined by 9.9% due to a 7.1% decrease in shipments, reflecting softness in the RTD category and increased pricing pressures. Depletions decreased by 9.3% in the US and Canada, aligning with shipments as the company optimized inventory levels. The company faced a complex and competitive environment in the US and Canada, characterized by soft consumer demand and heightened pricing pressures. Gross margin expansion was partially offset by unfavorable regional mix, with Mexico outperforming the US and the rest of the world. The company experienced heightened promotional activity in the US, resulting in lower price per case and affecting gross margin. Q & A Highlights Warning! GuruFocus has detected 5 Warning Signs with BCCLF. Q: Can you break down the factors contributing to the gross margin expansion and discuss expectations for the second half of the year? A: The gross margin expansion was driven by lower agave input costs, favorable product mix due to premiumization, and foreign exchange benefits. However, these were partially offset by unfavorable geographic mix and heightened promotional activity. We expect continued solid margin expansion in the second half, similar to Q2, despite some uncertainties. (Respondent: Unidentified_6) Q: How is Becle positioning its brands in the competitive US market, particularly for tequila? A: We are taking strategic promotional actions to remain competitive without repositioning our brand pricing. Our focus is on protecting brand equity for the long term while navigating aggressive pricing in the market. (Respondent: Unidentified_3) Q: Could you provide insights into the regional evolution of gross margins and expectations for the second half? A: Gross margins have improved across regions, with higher NSB per case in the US and the rest of the world compared to Mexico. We expect a return to normal geographic mix and continued FX benefits. Long-term, we anticipate gross and EBITDA margin expansion driven by premiumization and operational efficiencies. (Respondent: Unidentified_6) Q: What impact did the disruption in Canada have on volumes, and how long will the benefits from US distribution agreements last? A: The removal of US-made spirits from Canadian shelves impacted approximately 100,000 cases, mainly in RTDs. Benefits from US distribution agreements, including RNDC's exit from California, are expected to continue for the next couple of quarters. (Respondents: Unidentified_3 and Unidentified_6) Q: How is Becle addressing the challenges in the RTD and NAB categories, and what is the outlook for these segments? A: The RTD market remains competitive and fragmented. We are exploring new formats, sizes, and flavors to align with evolving consumer needs. Despite challenges, RTDs are a fast-growing category and serve as a recruitment tool for our tequila brands. (Respondents: Unidentified_3 and Unidentified_9) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
Grupo Herdez SAB de CV (GUZOF) Q2 2025 Earnings Call Highlights: Navigating Growth Amidst Challenges
Release Date: July 24, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Grupo Herdez SAB de CV (GUZOF) achieved a 4.4% year-over-year increase in net sales for Q2 2025, reaching 9.7 billion pesos. The preserve segment was a key growth driver, with a 4.7% increase in the quarter and 7.5% for the first half of the year. The export segment grew by 12% for the quarter, driven by volume and expansion efforts, including a new distribution partner in Canada. Consolidated net income increased by 23.6% to 269 million pesos in the quarter, driven by reduced financing costs and increased contributions from Mega Mex. The company expects a more positive second half of the year, with anticipated growth in preserves and impulse segments. Negative Points Major clients reduced inventory significantly, impacting sales performance and working capital. The impulse segment faced challenges, with a 0.6% decline in sales due to heavy rainfall affecting Lados Nestle performance. Consolidated gross margin contracted by 0.8 percentage points due to higher raw material costs. Free cash flow turned negative this quarter, attributed to lower sales and inventory buildup. The gross margin at Mega Mex decreased by 70 basis points due to continued pressure from avocado prices. Q & A Highlights Warning! GuruFocus has detected 4 Warning Signs with FRA:NQ9. Q: Given volumes rose this quarter, how are you thinking about the balance between pricing and volume for the second half of 2025? A: We expect the balance to be half and half, with volume growth in the low single digits and the rest coming from price adjustments. - Gerardo Cannavati, Chief Financial and Information Officer Q: With recent tariffs and trade tensions, how will you manage avocado price volatility in the second half? A: As long as our products are covered under the current trade agreement, we are not subject to tariffs. If changes occur, we are prepared to adjust prices and absorb some pressures in the short term. So far, we haven't needed to change our pricing strategy. - Gerardo Cannavati, Chief Financial and Information Officer Q: Free cash flow turned negative this quarter. Was the inventory build mainly precautionary or tied to promotional strategies? Should we expect a reversal in the third quarter? A: It's a combination of lower sales and not adjusting inventory quickly enough. We expect to end the year with better working capital, with a need for working capital in the range of 200 to 300 million pesos. - Gerardo Cannavati, Chief Financial and Information Officer Q: What are your views on the consumer environment in Mexico, especially with weather impacts on impulse brands? A: Weather impacted our ice cream business, reducing traffic in convenience stores. There's segmentation across the country, with shifts from mom-and-pop stores to modern retail. Overall, consumption is soft, but we expect it to pick up in the late third quarter. - Gerardo Cannavati, Chief Financial and Information Officer Q: Can you provide more details on your expectations for the second half of the year regarding sales and profitability? A: We expect sales growth in preserves to be in the high single digits, while impulse sales will grow in the low double digits. Export sales will be down due to softness in major categories and exchange rate effects. We anticipate net consolidated income to grow in the mid-double digits. - Gerardo Cannavati, Chief Financial and Information Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data