In 2025, VPK Group delivered solid results in a market that remained challenging. Focused investments, targeted acquisitions and a consistent approach to sustainability allowed the group to further strengthen its position as a reliable partner in circular packaging.
Jun 30, 2026
In 2025, VPK continued to build on its European footprint, focusing on strengthening existing activities and expanding in selected markets.
The increase of VPK’s stake in Ribble Packaging to 50% marks an important step in the further development of the fanfold segment, while reinforcing the group’s presence in the UK.
This was complemented by the acquisition of Open Imballaggi in Italy, strengthening VPK’s position in Southern Europe, a key packaging market where local anchoring and proximity to customers remain essential.
More recently, the acquisition of Fencor Packaging in the UK further expands the group’s activities in corrugated packaging, adding scale in a mature and competitive market.
Sustainability remains a structural part of how VPK operates. In 2025, this approach was recognised with an EcoVadis Platinum rating, placing the group among the top 1% of companies assessed worldwide.
At the same time, VPK continued to invest in concrete projects that reduce its environmental impact and make better use of available resources. A recent example is the successful start-up of the pellet plant at the Alizay site in France, where residual heat from the on-site biomass power plant is used to produce wood pellets for domestic and industrial use. The installation is designed to produce up to 120,000 tonnes of sustainable wood pellets per year, using locally sourced wood streams.
These developments go hand in hand with a stable financial performance. In 2025, VPK Group achieved a consolidated revenue of €1.91 billion, compared to €1.85 billion in 2024. EBITDA remained stable at €217.5 million, reflecting consistent operational performance in a context of moderate demand. Net profit increased to €65.8 million, up from €57.7 million in 2024, supported by improved efficiency and disciplined cost control.
Pierre Macharis, CEO VPK Group: “Throughout 2025, we stayed focused on our strong industrial base, local presence and long-term approach. The steps we took this year, both in investments and acquisitions, further strengthen our group and prepare us for the years ahead.”
Outlook
VPK continues to build on its vertically integrated business model. The focus remains on further integration between our paper production and packaging activities, continued investments in operational excellence, high service levels, sustainability and strengthening its presence in key European markets.
The group remains committed to steady, long-term development, supported by the engagement of its employees and close collaboration with its customers.
