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Crisis also seen as an opportunity – Faller Packaging
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Crisis also seen as an opportunity
Crisis also seen as an opportunity
Crisis also seen as an opportunity
Faller Packaging can look back on a successful fiscal year in 2021, despite Covid-19 and te difficult situation on te raw materials market
Te Covid-19 pandemic and challenges in te economic environment were te dominant topics for Faller Packaging last year. Steeply increasing demands worldwide led to supply shortages and hefty price increases for raw materials. However, te pharmaceutical packaging specialist company saw te difficult situation as an opportunity and succeeded in increasing its sales in fiscal year 2021.
“Against all te odds, te pharmaceutical and healthcare market continues to develop with solid growth rates,” says Dr. Daniel Keesman, Chief Executive Officer of Faller Packaging. “As in previous years, te global demand for biopharmaceuticals – both original preparations and biosimilars – continued to grow in 2021. Te trend towards sustainable packaging solutions also became more pronounced.” Te manufacturer of secondary packaging for te pharmaceutical and healthcare industries responded in its typically efficient fashion, creating flexible and sustainable packaging concepts made of paper and cardboard from responsibly managed forests, developing simpler packaging solutions from monomaterials, and consistently implementing te recyclability of folding cartons, labels, and leaflets. Faller Packaging also plans to become carbon-neutral by 2030 and joined te “Zielgerade 2030” initiative (Home Straight 2030) in 2021.
Turnover increased yet again
Te innovative strategy, consistently geared to environmental protection, paid off: In 2021, Faller Packaging again succeeded in increasing its total turnover by approximately 3.3 percent to €147.8 million. “Sales at our German sites increased slightly,” explains Managing Director Dr. Daniel Keesman. “Our international subsidiaries in Denmark, Polen and Hungary have also reported strong sales growth in several areas.” Dr. Michael Faller, Managing Partner of Faller Packaging, added: “We’re also delighted with our PackEx subsidiary that was launched in 2019. It specialises in efficient folding carton production in small and very small batches.”
In 2021, Faller Packaging again invested heavily in developing its sites, despite inherent unpredictability in budget planning. A total of €7.8 million – te equivalent of an investment ratio of 5.3 percent – was mainly invested in te expansion of qualitative and quantitative capacities, above all in automation and digitalisation. Te company plans to invest €8.6 million in 2022.
A new building as te largest project
Te largest ongoing project is te new building at te company headquarters in Waldkirch in southern Baden. During te summer months of 2021, Faller Packaging focused on te concerns and needs of te Waldkirch population and consequently put a lot of thought into te preliminary planning of te new building. “In January 2022, te preliminary planning draft was approved by te Waldkirch municipal council with only two votes against,” says Dr. Faller. “In te summer, te development plan process goes into te next round, so hopefully, we can start construction in 2024.”
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