Vetropack (VETN) Investor presentation summary

Business profile and operations

• 3,532 employees, 12 European locations, ~2,500 glass packaging products and 58% recycled content under the FEVE formula in 2025.

• Production infrastructure spans 8 plants and 17 furnaces across Austria, Czech Republic, Slovakia, Ukraine, Italy, Croatia and Moldova.

• The business traces its origins to 1911 and expanded across Europe through glassworks established or acquired from 1986 to 2023.

Strategy and growth priorities

• Strategy 2035 targets double-digit EBIT and ROOCE, low single-digit revenue CAGR, preferred-supplier status, people development and decarbonisation.

• Three levers for profitable growth: improve product mix, maximise capacity utilisation and enhance efficiency through standardisation, automation and digitalisation.

• Value-adding products such as REZON, streamlined integrated processes and growth in underserved markets are intended to support margin-accretive growth.

• Target markets are expected to be broadly flat; food and non-alcoholic beverages (NAB) offer growth potential, while alcohol is forecast to decline.

• 2025–2030 segment CAGRs: food +1%, NAB +1.5% and alcohol -0.5%.

REZON product development

• REZON is positioned as a value-adding reusable bottle solution, with claimed benefits including lower weight, greater pallet capacity and more reuse cycles.

• Austrian pilots with Mohrenbrauerei and Brau Union's Gösser supported proof of concept and industry collaboration.

• Introduced in 2024 as a standard 0.33-litre beer bottle, production is ramping up toward 70 million units per year.

• International high-volume projects are ongoing; expansion into other European markets and a mid-term target of up to 200 million bottles per year are planned.