Welcome to our dedicated page for Ranpak Holdings news (Ticker: PACK), a resource for investors and traders seeking the latest updates and insights on Ranpak Holdings stock.
Ranpak Holdings Corp. (NYSE: PACK) is a manufacturing company focused on environmentally sustainable, systems-based product protection and end-of-line automation solutions for e-commerce and industrial supply chains. This news page aggregates announcements and updates directly related to Ranpak’s operations, partnerships, product launches, and financial performance.
Readers can expect coverage of quarterly and annual financial results, where Ranpak reports trends in net revenue, adjusted EBITDA, packaging system placements, and the performance of its cushioning, void-fill, wrapping, and automation product lines. Earnings releases often include management commentary on regional performance across North America and Europe/Asia, as well as updates on cost initiatives and margin improvement efforts.
The news feed also highlights strategic partnerships and commercial agreements. Recent examples include collaborations with large retailers and distributors to deploy Ranpak’s AutoFill, Cut’it! EVO, Form’it!, Flap’it!, and related automation systems in high-volume fulfillment and distribution centers. These stories describe how automation and paper-based packaging solutions are used to improve throughput, reduce packaging waste, and support sustainability goals.
Product and technology announcements form another key category of Ranpak news. The company has introduced systems such as the FillPak Mini compact void-fill converter and showcased integrated end-to-end packaging solutions that combine paper packaging with automation, machine vision, and AI-driven technologies like DecisionTower and AutoFill.
Investors and industry professionals can use this page to follow Ranpak’s evolving role in e-commerce and industrial logistics, track its automation growth, and monitor developments in its sustainable packaging portfolio. For those interested in PACK stock, the news feed complements SEC filings and financial data by providing narrative context around Ranpak’s strategic direction and operational milestones.
Ranpak Holdings Corp. (NYSE: PACK) reported robust financial results for Q4 2020, with net revenue reaching $90.2 million, marking a 13.9% increase year-over-year. AEBITDA rose to $33.0 million, up 14.6% from the previous year, indicating strong operational leverage. Key drivers included heightened e-commerce demand and improved industrial activity, particularly in Europe/Asia, where revenue surged 39.4%. However, the company experienced a net loss of $5.2 million during the quarter, attributed to a decline in automation revenues in North America.
Ranpak Holdings Corp. (NYSE: PACK) will announce its fourth quarter and full year 2020 results on March 4, 2021, at 7:30 a.m. ET. Following the announcement, a conference call and webcast will take place at 8:30 a.m. ET. Investors can access the webcast live through the provided link or join via phone. A telephonic replay will be available from 11:30 a.m. ET on the same day until 11:59 p.m. ET on March 11, 2021.
Ranpak, founded in 1972, specializes in environmentally responsible packaging solutions and is headquartered in Ohio.
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Ranpak Holdings Corp (NYSE: PACK) reported Q3 2020 net revenue of $76.1 million, an 8.1% increase year-over-year on a constant currency basis. Adjusted EBITDA rose 7.7% to $23.7 million, mainly driven by higher sales and lower costs. Despite rising revenues, the company reported a net loss of $6.1 million, worsening from a loss of $1.6 million in Q3 2019. Notably, packaging systems placement increased 10.6% to 113,100 machines. The company's balance sheet remains robust with a cash balance of $31.3 million and no borrowings on its $45 million revolving credit facility.
Ranpak Holdings Corp. (NYSE: PACK) has appointed Pamela El to its board of directors, effective November 5, 2020. El, formerly the Global Chief Marketing Officer of the NBA and WNBA, brings extensive expertise in brand management and marketing strategies. Chairman and CEO Omar Asali expressed optimism about El’s strategic insights, which align with Ranpak’s commitment to sustainable packaging solutions. El stated her enthusiasm for joining a company dedicated to reducing reliance on plastic in global supply chains.