Norway's Elopak Q2 revenue rises 4.9% on new customer contracts in Americas

Elopak ASA

18/08/2026 06:08

Overview
Norway paper packaging supplier's Q2 2026 revenue grew 4.9% yr/yr
Net profit attributable to shareholders increased compared to last year
Higher raw material costs impacted EMEA margins; customer surcharges implemented to mitigate

Outlook
Company expects recovery from raw material cost surcharges in coming quarters
Elopak says volatile geopolitical situation and rising input costs remain challenges

Result Drivers
AMERICAS GROWTH - Revenue in the Americas rose 8.7% in constant currency, supported by organic growth and new customer contracts
RAW MATERIAL COSTS - EMEA margins were impacted by higher raw material costs following the Middle East conflict; customer surcharges have been implemented to mitigate the impact

Company press release: ID:nMFN5Zj5Wq

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EBITDA
 
EUR 45 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the paper packaging peer group is "buy"
Wall Street's median 12-month price target for Elopak ASA is NOK44.00, about 20.5% above its August 17 closing price of NOK36.50
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Aug 17 - Denmark's AO Johansen Q2 revenue rises, aided by acquisition; lifts 2026 outlook
Aug 17 - Denmark's Royal Unibrew Q2 revenue slightly beats; DKK 300 mln buyback launched
Aug 18 - Norway's Mowi Q2 revenue rises on higher harvest volumes

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)