Neuhausen, Switzerland — March 3, 2026 — SIG Group AG reported its financial results for the fiscal year ended December 31, 2025, highlighting stable revenue performance despite challenging global market conditions and outlining a strategic roadmap aimed at improving long-term value creation.

Financial Highlights

For FY 2025, SIG generated total revenue of €3.25 billion, compared with €3.33 billion in 2024. On a constant currency basis, revenue increased 0.4% year-over-year, reflecting stable demand in a volatile consumer environment.

• Adjusted EBITDA: €718.3 million (2024: €819.5 million)

• Adjusted EBITDA margin: 22.1%

• Adjusted EBIT: €442.2 million

• Adjusted net income: €231.1 million

• Reported net loss: €87.0 million

• Free cash flow: €191 million

The reported net loss was primarily due to significant non-recurring charges recorded during the year.

For the fourth quarter of 2025, revenue totaled €901.2 million, slightly lower than €930.7 million reported in Q4 2024.

Major Non-Recurring Charges and Strategic Review

SIG recorded €351 million in non-recurring charges (pre-tax) following a strategic review amid weak market conditions. The majority of these charges are non-cash.

Breakdown of charges:

• Bag-in-box and spouted pouch business: ~€107 million impairment

• Chilled carton business: ~€86 million impairment mainly linked to weaker China market

• Markets and capacities adjustments: ~€82 million

• Innovation and development projects: ~€62 million impairment

• Restructuring and other costs: ~€14 million

The company expects cash outflows of around €25 million related to these charges in 2026.

Capital Expenditure and Investment

Total capital expenditure during 2025 reached €268.1 million, while net capital expenditure including lease payments totaled €199.7 million, down from €215.6 million in 2024.

Key investment developments:

• Completion of a production plant in India

• Continued expansion of the production facility in Mexico

• Sale of the former chilled carton plant in Shanghai

• Placement of 68 aseptic carton filling machines globally during the year

SIG ended the year with 1,448 aseptic carton filling machines installed globally, a net increase of 14 machines.

Debt and Leverage

As of December 31, 2025:

• Gross debt: €2.50 billion

• Net debt: €2.14 billion

• Net leverage ratio: 3.0x (2024: 2.6x)

The increase in leverage was primarily due to lower adjusted EBITDA during the year.

Dividend Update

SIG’s Board of Directors decided to pause dividend payments for FY 2025 and will not propose a dividend at the 2026 Annual General Meeting.

The company expects to reinstate dividends for FY 2026 with a payout ratio of 30–50% of adjusted net income.

Leadership Change

SIG appointed Mikko Keto as Chief Executive Officer, effective March 1, 2026, succeeding the previous CEO following a leadership transition.

2026 Outlook

For fiscal year 2026, the company expects:

• Revenue growth: 0–2% at constant currency and constant resin

• Adjusted EBIT margin: 15.7% – 16.2%

• Net capital expenditure: 6–8% of revenue

• Adjusted effective tax rate: 26% – 28%

Management expects market conditions in 2026 to remain similar to 2025.

Mid-Term Strategy

SIG outlined a medium-term strategy focused on portfolio optimization, operational improvements, and disciplined capital allocation.

Key targets include:

• Revenue growth: 3% – 5% annually

• Adjusted EBIT margin: above 16.5%

• Net leverage: 2.5x by 2027 and ~2.0x in the longer term

These initiatives aim to improve profitability and strengthen the company’s competitive position.