25.3% growth, 19.6% margins: The hidden shift inside the world’s largest tube maker
After years of being known for toothpaste tubes, this company is trying to reinvent itself as a premium beauty packaging company. Beauty and Cosmetics now contributes 40% of tube revenue, while Personal Care & Beyond has risen to 54% of sales. The company has raised its growth outlook, but Europe's…
EPL Ltd, formerly Essel Propack, supplies more than 9 bn tubes annually from 21 manufacturing facilities across 11 countries, serving customers such as Colgate, Procter & Gamble, Unilever, L’Oréal, Dabur and Cipla. For years, that made it a predictab... [13679 chars]