SIG delivers solid growth and higher profitability, and raises full-year margin guidance
- Q3 2026 revenue at constant currency up 7.2% vs. Q3 2025 (constant currency and constant resin 6.5%1)
- Q3 2026 adjusted EBIT margin 17.4% up from 14.8% excluding non-recurring charges in Q3 2025
- 9M 2026 revenue at constant currency up 3.0% vs. 9M 2025 (constant currency and constant resin 2.5%1)
- 9M 2026 adjusted EBIT margin 16.3% up from 14.8% excluding non-recurring charges in 9M 2025
- Full year guidance updated: expected adj. EBIT margin range increased to 16.0-16.5% from 15.7%-16.2%; revenue growth at constant currency and constant resin expected unchanged within the range of 0-2%
- Dividend reinstatement planned in 2027: targeted payout ratio of 30-50% of adjusted net income
Anne Erkens, CEO, said: “We delivered a strong third quarter, with solid revenue growth, significantly improved profitability and strong cash flow generation, also benefiting from a low comparison base in the prior year. Our aseptic carton business performed well across regions, while measures to improve operational efficiency are delivering results. This performance demonstrates the resilience of our business in a challenging market environment marked by geopolitical uncertainty, volatility in raw material and freight costs, and varying demand patterns across regions.
We are making good progress in strengthening our balance sheet and positioning the business for profitable growth. This progress provides a solid foundation for the strategic priorities and mid-term targets we are presenting at today’s Capital Markets Day. Our strong third-quarter performance also gives us the confidence to raise our full-year adjusted EBIT margin guidance.”
SIG delivers solid growth and higher profitability, and raises full-year margin guidance
1 The resin escalator for the bag-in-box and spouted pouch businesses, which passes on movements in resin costs directly to customers, is excluded for year-on-year comparison purposes.