Zolemba Zosinthidwa za SK3.I kuyimba kapena chiwonetsero chazolandila 5-Feb-20 9:00am GMT

London Feb 10, 2020 (Thomson StreetEvents) -- Zolemba Zosinthidwa za Smurfit Kappa Group PLC zolandila zolandila misonkhano Lachitatu, February 5, 2020 pa 9:00:00am GMT

Chabwino.Mmawa wabwino, nonse, ndipo ndikufuna kukuthokozani kwambiri chifukwa cha kupezeka kwanu, pano komanso pafoni.Monga mwachizolowezi, ndikuwonetsani za Slide 2. Ndipo ndikutsimikiza ngati titakufunsani kuti mubwereze izi, mutha kubwereza liwu ndi liwu, ndiye nditenga ngati mukuwerenga.

Lero, ndili wokondwa kunena zotsatira zomwe zikuwonetsanso mphamvu yakuchita kwa Smurfit Kappa Gulu motsutsana ndi miyeso yonse.Monga tanena kale, Gulu la Smurfit Kappa ndi losinthika, koma koposa zonse, bizinesi yosintha, yomwe ikutsogolera, kupanga zatsopano komanso kupereka mosalekeza.Tikukhala m'masomphenya athu, ndipo machitidwewa akuyimira sitepe linanso lakukwaniritsidwa kwa masomphenyawo.Zobweza zathu zimasonyeza ubwino wa anthu athu komanso chuma chathu chomwe chikupita patsogolo nthawi zonse.Ndipo izi zapereka kukula kwa EBITDA kwa 7% ndi malire a 18.2%, ndi kubwereranso pamalipiro a 17%.

M’chakachi, komanso mogwirizana ndi Mapulani a Nthawi Yapakati, tinamaliza ntchito zambiri zofunika kwambiri.Mu 2020, tikuyembekeza kutsiriza ntchito zathu zambiri zamapepala za Medium-Term European Plan, zomwe zimatisiya omasuka kupitirizabe ndalama zathu pantchito zathu zamalata zoyang'ana pamsika.Kuchulukitsa kwathu kambiri kumayima pa 2.1x, ndipo ndalama zathu zaulere ndizolimba EUR 547 miliyoni, ndipo izi zachitika pambuyo poika EUR 730 miliyoni mubizinesi yathu.

Monga momwe mwawonera, Bungwe likuvomereza chiwonjezeko chomaliza cha magawo 12%, zomwe zikuwonetsa chikhulupiriro chake mu mphamvu zapadera za bizinesi ya Smurfit Kappa komanso, phindu lathu lamtsogolo.

M'mabuku athu omwe amapeza m'mawa uno, takambirana za kusasinthika kwa zotumiza mwanzeru, m'ntchito komanso pazachuma.Ndipo timayika izi motsutsana ndi nkhani yanthawi yayitali, motsutsana ndi miyeso yayikulu yochitira pa slide iyi.Mutha kuwona apa mosavuta kusintha kwamapangidwe pamakina onse ofunikira.

Ngakhale kuti kupambana sikuli kolunjika, ulendo wathu wanthawi yayitali wosintha wapereka ku Smurfit Kappa chiwonjezeko chopitilira EUR 600 miliyoni ku EBITDA, chiwonjezeko cha 360 pamlingo wathu wa EBITDA, kuwonjezeka kwa 570 mu ROCE yathu, ndi izi zathandiza kuti gawo lopindulitsa lomwe likupita patsogolo komanso lowoneka bwino ndi CAGR ya 28% kuyambira 2011. Mu 2020, cholinga chathu ndi kupitiliza kuyenda kwa ndalama zaulere ndikupitiliza kumanga nsanja yabwinoko yogwirira ntchito nthawi yayitali komanso kuchita bwino.

Tsopano ku Smurfit Kappa, ndife atsogoleri m'misika ndi magawo omwe tidasankha, ndipo ichi ndi mfundo yapakati pa zonse zomwe timachita ndikuziganizira.Ndiroleni ine ndikonze izi ndi inu.Kukhazikika ndikofunikira kwambiri kwa Smurfit Kappa ndi makasitomala athu.Zogulitsa zathu, zokhala ndi malata, ndi njira yokhazikika komanso yosamalira zachilengedwe komanso yotsatsa yomwe ilipo masiku ano.Monga mukudziwira, momwe tikuchitira bwino pazachuma sikunasiyane ndi zochitika zathu za CSR.Mutha kuwona kuti, motsutsana ndi maziko a 2005, tachepetsa kuchuluka kwa CO2 pazigawo zonse ndi 30%, ndipo tili ndi mapulani opititsa patsogolo izi ndikuchepetsa kwathu kwatsopano ndi 40% pofika 2030.

Tidakhazikitsa lipoti lathu lokhazikika la 12 mu Meyi 2019 ndipo tidakwaniritsa kapena kupitilira zomwe tidafuna kale tsiku lomaliza la 2020 lisanafike.Kupita patsogolo kumeneku kwazindikirika mwamphamvu ndi mabungwe ambiri odziyimira pawokha pomwe Smurfit Kappa akupitiliza kupita patsogolo ndikuthandizira cholinga cha UN cha 2030 Sustainable Development Goal.

Kuchuluka kwa chidwi kuchokera kwa makasitomala athu, komwe kuli kofunikira kwambiri pakuyika kwathu kwa Better Planet, kwakhala kodabwitsa ndi zochitika 2 zaposachedwa, makamaka, kuwunikira izi.Mu Meyi, tidalandira makasitomala opitilira 350, kupitilira kuwirikiza kawiri, kuwirikiza kawiri zomwe zidachitika m'mbuyomu padziko lonse lapansi kupita ku chochitika chathu chapadziko lonse lapansi cha Innovation ku Netherlands.Mwala wapangodya wa chochitikacho unali Better Planet Packaging, ndipo chosangalatsa kwambiri chinali kuchuluka kwa akuluakulu oimiridwa pamwambowu, kuwonetsa kufunikira komwe mutuwu uli nawo ndi makasitomala athu onse.

Pa 21 Novembala, kuyambira ku St. Petersburg mpaka ku Los Angeles, tidachita chikondwerero chathu cha Global Better Planet Packaging Day m'maiko 18 omwe ali ndi makasitomala opitilira 650, eni ma brand ndi ogulitsa.Tidagwiritsa ntchito malo athu opitilira 26 padziko lonse lapansi ngati nsanja yothandizira makasitomala athu kuyenda m'dziko latsopanoli.Zochitika ziwirizi zikuwonetsa kuti pokonzekera kusintha kwa ogula, otsogola amabwera ku Smurfit Kappa Group ngati mtsogoleri kuti apange mayankho okhazikika, okhazikika.Ntchito yathu ya Better Planet Packaging idakhazikitsidwa zaka 1.5 zapitazo ndipo idalandira kale - idasokoneza msika wamapaketi.

Monga mtsogoleri wamakampani opanga zinyalala, timagwira ntchito m'makampani okulirapo pomwe misika yathu yambiri ikukula kapena patsogolo pa zomwe zanenedweratu padziko lonse lapansi za 1.5% mpaka 2023. wa malata komanso mtengo wake wautali.Izi zikuphatikizapo malata omwe akhala akugwiritsidwa ntchito mochulukira ngati njira yogulitsira malonda;chitukuko cha e-commerce, pomwe malata ndi njira yoyendetsera;ndi kukula kwa label yachinsinsi.Ndipo tidzapanga ma CD okhazikika ngati nkhani yokulirapo pamene tikudutsa muwonetsero.

Pokumbukira malingaliro abwino amakampani athu, Smurfit Kappa ndi kampani yomwe ili yabwino kwambiri kutengapo mwayi pakanthawi kochepa, kwapakatikati komanso kwakanthawi kwamapangidwe abwinowa.Tapanga mapulogalamu omwe ali apadera kwambiri komanso osatheka kubwerezanso ndi wosewera wina aliyense mubizinesi yathu, kaya ndi mawonedwe 145,000 a sitolo mu Shelf Viewer mpaka 84,000 mu Pack Expert kapena makina opitilira 8000 omwe ali ndi, oyendetsedwa kapena yosungidwa ndi Smurfit Kappa Group kwa makasitomala ake.

Mapazi athu apadziko lonse lapansi sangafanane.Mofananamo, m'kupita kwa nthawi, tikupitirizabe kugulitsa ndalama kuti tipeze chuma chamtengo wapatali kwambiri, chamakono komanso chapamwamba kwambiri padziko lonse lapansi chomwe chimatha kupatsa makasitomala athu zinthu zabwino kwambiri pamtengo wotsika kwambiri.Mtundu wathu wophatikizika umalola Smurfit Kappa kugwiritsa ntchito bwino zonse zomwe ali nazo, zomwe ali nazo komanso chidziwitso chomwe tili nacho mubizinesi yathu.

Ndipo pamwamba pa zonsezi, tili ndi anthu athu.Ndipo, ndithudi, kampani iliyonse imalankhula za anthu awo.Koma ndimanyadira kwambiri chikhalidwe chomwe tapanga, pomwe anthu amavomereza mfundo za kukhulupirika, kukhulupirika ndi ulemu mu kampaniyi.Pobwezera, Smurfit Kappa wayambitsa mapulogalamu a maphunziro apadziko lonse, monga INSEAD, kumene akuluakulu athu onse akuluakulu adzakhala atatsiriza pulogalamu ya utsogoleri wa masabata ambiri kumapeto kwa 2020. Pulogalamuyi, ndithudi, kuwonjezera pa maphunziro omwe timaphunzira perekani masauzande ambiri a talente yachinyamata yomwe ikubwera yomwe ipitilize zikhulupiriro ndi chikhalidwe cha Smurfit Kappa mtsogolo.

Ndipo potsiriza, monga tanenera kale, kukhazikika ndi mwayi waukulu wampikisano, choyamba kwa SKG, komanso kwa mafakitale athu, monga kugwiritsa ntchito mapepala opangidwa ndi mapepala ndi abwino kwambiri m'dziko lokhazikika.

Ku Smurfit Kappa, luso komanso kukhazikika kuli mu DNA yathu.Pakati pa 25% ndi 30% ya bizinesi yathu chaka chilichonse ndi bokosi losindikizidwa kumene la makasitomala atsopano kapena omwe alipo.Ndi kuchuluka kwa kusinthaku, ndikofunikira kukhala ndi chidziwitso komanso kuthekera kopanga zatsopano, kuwonjezera mtengo, kuchepetsa ndalama ndikupatsa makasitomala njira yabwino yothetsera bizinesi yawo ndi msika.Izi zikugogomezera kufunikira monga momwe tafotokozera m'masomphenya athu operekera makasitomala athu tsiku ndi tsiku.

Monga ndanena kale, kuti akwaniritse ndikutanthauzira kufunikira kopanga zida zatsopano, Smurfit Kappa pazaka 10 zapitazi yakhazikitsa malo ophunzirira 26 padziko lonse lapansi.Ndi malo enieni aukadaulo omwe amalumikiza dziko la Smurfit Kappa kuti apindule ndi makasitomala athu.Malo athu ophunzirira padziko lonse lapansi ndi osiyanitsa chifukwa dziko lino limalumikizidwa ndi mapulogalamu athu onse, kupatsa makasitomala athu luso lamakampani padziko lonse lapansi pakungodina batani.Ndipo izi zimapereka mwayi wofikira kukuya ndi chidziwitso komanso kukula kwa kampani yathu ndi malo omwe tili nawo.

Ndiye ndi chiyani m'malo atsopanowa chomwe chimapangitsa kusiyana kwa makasitomala athu?Choyamba, timatenga njira ya sayansi.Ndi data ndi zidziwitso, titha kuwonetsa kwa makasitomala athu kuti amapeza zida zokongoletsedwa zomwe ndizoyenera kuchita popanda zinyalala zochepa.SKG kudzera m'magwiritsidwe ake adzipereka kuchepetsa zinyalala kudzera mu sayansi, kuphatikiza pazogulitsa zathu zamalata.Sitikufuna kuwona zinthu zodzaza kwambiri.Chofunika kwambiri, timatsimikizira eni ake amtundu wathu chifukwa cha udindo wathu monga mtsogoleri wokhazikika kuti mtundu wawo udzatetezedwa pogwiritsa ntchito zinthu za Smurfit Kappa.

Kuti tiwonetsetse kuti tikukwaniritsa zolinga zofunikazi, tili ndi opanga oposa 1,000 tsiku lililonse ndikuwonetsetsa kuti malingaliro atsopano ali ndi makasitomala athu.Okonza awa nthawi zonse amapanga malingaliro atsopano omwe amapanga malo osungira makasitomala athu kuti agwiritse ntchito bizinesi yawo.Malo athu ochitira zinthu amawonetsanso mayankho athu kumapeto-kumapeto, kaya ndi luso lamakina athu kapena mbiri yathu yokhazikika, kutha kupereka chilango chilichonse chomwe makasitomala athu akufuna kugwiritsa ntchito.Malo athu opanga zinthu zatsopano amapereka mwayi wowonjezereka pamayendedwe amakasitomala m'dziko lamakasitomala athu, kaya ndikugula zinthu, kutsatsa, kukhazikika kapena njira ina iliyonse yomwe kasitomala akufuna kuyendera.

Pamapeto pake, malo athu amapereka mwayi kwa makasitomala athu kuchita bwino pamsika wawo.Chofunikira chawo ndikugulitsa zambiri, ndipo ku SKG, titha kuwathandiza kuchita izi.Ndi chidziwitso chamakasitomala opitilira 90,000 komanso ndi mapulogalamu apadera komanso osasinthika omwe tili nawo, tikuwonetsa makasitomalawo tsiku lililonse kuti bokosi lamalata ndi njira yabwino kwambiri yogulitsira ndi kutsatsa.

Ndipo zatsopano zikupereka tsiku lililonse ku Smurfit Kappa Gulu.Nawu umboni wa momwe -- ndi makasitomala ochepa kwambiri, otsogola kwambiri padziko lonse lapansi, momwe takulirakulira.Chiyamikiro chawo cha zopereka zathu chikusonyezedwa bwino lomwe ndi kukula kumene kwasonyezedwa m’chithunzichi.Zitsanzo izi ndi zochepa chabe mwa zitsanzo masauzande ndi masauzande a chipambano chomwe tikupitiliza kukhala nacho chifukwa chopereka zathu zatsopano.

Masiku ano, makasitomala athu amawona Gulu la Smurfit Kappa ngati mnzake amene angasankhe chifukwa nthawi zonse, tsiku lililonse, timapereka zopereka zapadera m'gawo lathu.Timawathandiza kuonjezera malonda awo, timawathandiza kuchepetsa ndalama zawo komanso timawathandiza kuchepetsa chiopsezo.

Zikomo, Tony, ndi mmawa wabwino, nonse.Ndisanalankhule za zotsatira mwatsatanetsatane pang'ono, ndikungofuna kuyang'ana pa chimodzi mwazinthu zazikulu ndi madalaivala apangidwe omwe Tony analankhula, ndondomeko yokhazikika.Ndikofunika kukumbukira kuti SKG yakhala ikuyang'ana pa kukhazikika kwa nthawi yayitali.Chaka chino chidzakhala chaka chathu cha 13 chopereka motsutsana ndi zolinga zathu, ndipo tikakamba za kukhazikika, ndizokhazikika muzitsulo zonse, kuphatikizapo ulusi waumunthu.

Koma pakhala kusintha m'zaka zaposachedwa ndipo ogula, maboma ndi ogulitsa ndi ochepa chabe mwa omwe akuyendetsa chidziwitso chozungulira ma CD okhazikika m'njira yomwe sitinawonepo.Ndipo nthawi zambiri, zokambiranazo zimazungulira mitu iwiri: gawo la kulongedza muzokambirana zakusintha kwanyengo komanso zovuta zogwiritsa ntchito kamodzi, pulasitiki yolowera kumodzi yomwe ingayambitse mkangano wokhudza momwe zinyalala zonse zimapangidwira.Wogula amayembekezera opanga mankhwala kuti azitsogolera.Chifukwa chake ngakhale ogulitsa ndi mabungwe omwe siaboma akuyankha zopempha za ogula, amayembekezera opanga, makasitomala athu, kuti azitsogolera.Ndipo chifukwa cha mbiri yathu yayitali mderali, tili ndi mwayi wapadera wowathandiza.Ndipo monga ndanenera kale, tili ndi kukhazikika mu fiber iliyonse.

Zomwe zikuwonekeranso bwino ndikuti kuyika pamapepala kukukhala yankho lomwe limakonda, ndipo izi zimachitika makamaka chifukwa cha zochitika zaposachedwa, kukwera kwa malonda a e-commerce, kukwera kwamphamvu kwa ogula ndipo, koposa zonse, kukhazikika m'malingaliro ake ambiri, zonse zogulitsa komanso zowona. chilengedwe.Kafufuzidwe kalikonse, kaya ndi kawonedwe ka chilengedwe, kukondeka kapena kawonedwe kabwino, kumatsimikizira kuti kusamukira kumapaketi opangidwa ndi mapepala kumawonjezera malingaliro abwino amtundu wanu.Ndikukhulupiriranso kuti, pakapita nthawi, tiwona kuchuluka kwa malamulo ndi malamulo mderali, ndipo monga muwona patsamba lotsatira, Smurfit Kappa ili kale ndi mayankhowo.

Monga Tony adanenera, kuti titsogolere bizinesiyo ndikuthandiziranso makasitomala athu komanso ogula, tidayambitsa Better Planet Packaging.Ntchito yapaderayi idapereka cholinga chazokhazikitsira zokhazikika popanga ndikukhazikitsa malingaliro okhazikika okhazikika.Ndi ntchito yosonkhanitsa ndalama zonse zamtengo wapatali ku ma lens angapo, kuphunzitsa ndi kulimbikitsa onse ogwira nawo ntchito muzitsulo zamtengo wapatali, kuphatikizapo zofunika kwambiri, ogula;kuyendetsa zatsopano muzinthu zokhazikika komanso kupanga njira zothetsera ma CD zokhazikika;ndipo koposa zonse, kukhazikitsa njira zokhazikitsira zokhazikika pazinthu zomangirira zosakhazikika.

Ku Smurfit Kappa, chidziwitso chathu, zomwe takumana nazo komanso ukadaulo wathu zatilola kupanga njira zopitilira 7,500 zopangira zida zatsopano, zokonzeka kukhazikitsa ndi kuthana ndi chikhumbo cha ogula chofuna kuchoka pamapaketi osakhazikika.Zogulitsa zathu zathunthu kuchokera pamapepala kupita ku mabokosi, thumba ndi bokosi ndi zisa, zomwe zimakhudza kuchuluka kwa ogula ndi zonyamula katundu, zimatipangitsa kukhala odalirika kwambiri pakupanga bwenzi.

Koma kuti athane ndi zovuta zamasiku ano, luso lozama pamapepala, makamaka mu kraftliner, liyenera kuphatikizidwa ndi luso lapamwamba lapadziko lonse lapansi, lopambana mphoto pamapangidwe opangidwa pazidziwitso ndi malingaliro otsimikiziridwa asayansi, limodzi ndi ukatswiri wosayerekezeka pakukhathamiritsa kwa makina.Chitsanzo chimodzi chosangalatsa cha momwe luso la Smurfit Kappa limagwirira ntchito kuti chidziwitso ndikulimbikitsa mgwirizano pamtengo wamtengo wapatali ndi TopClip.Tapanga njira yapadera yolumikizira zitini, ndipo limodzi ndi imodzi mwazinthu zazikulu zopangira makina padziko lonse lapansi ku KHS, tikupanga izi kukhala zenizeni kwa makasitomala athu.Izi zikuwonekeratu kuti zili ndi ntchito m'magulu ambiri azogulitsa, ndipo koposa zonse, zikupezeka padziko lonse lapansi kwa makasitomala athu onse.

Zikuwonekeratu kuti pazaka zingapo zapitazi, SKG yawonjezera kuwoneka kwazinthu zake pamashelefu ngati njira zotsatsa zomwe zimakopa ogula.Ndipo pamene ife tiri koyambirira kwambiri pa zomwe zingakhale zosapeŵeka za kuyika kwa mapepala, zinthu zomwe tikupitiriza kupanga nazo zidzathetsa nkhawa za ogula pamapeto pa kukhazikika.

Chifukwa chake pitilizani kuwona momwe zina zimasinthira kukhala zotsatira ndi momwe timagwirira ntchito pazachuma, ndikusinthanso chaka chonse mwatsatanetsatane.Ndife okondwa kupereka zotsatira zina zamphamvu za chaka chonse cha 2019, kaya patsogolo kapena patsogolo pa ma metric athu onse ofunika.Ndalama zamagulu zinali EUR 9 biliyoni pachaka, kukwera 1% mu 2018, zomwe ndi zotsatira zamphamvu poganizira zakumbuyo kwamitengo yotsika.

EBITDA idakwera 7% mpaka EUR 1.65 biliyoni, ndikukula kwamapindu ku Europe ndi America.Ndikulitsa kugawanika kwakanthawi kwakanthawi, koma pagulu, EBITDA idakhudzidwa moyipa ndi ndalama, pomwe kugulidwa kwaukonde ndi zotsatira za IFRS 16 zinali zabwino.Tidawonanso kusintha kwa malire a EBITDA kuchokera pa 17.3% mu 2018 mpaka 18.2% mu 2019. Tidawona mitsinje yotukuka ku Europe ndi America, kuwonetsa mapindu a luso lathu loyang'ana makasitomala, kulimba mtima kwa gulu lophatikizidwa, kubweza kuchokera ku pulogalamu yathu yogwiritsira ntchito ndalama komanso zopereka zochokera kuzinthu zogulira komanso kukula kwa voliyumu.

Tidabweza ndalama zomwe zidagwiritsidwa ntchito 17%, zomwe zikugwirizana kwambiri ndi zomwe tikufuna.Ndipo monga chikumbutso, cholinga chimenecho chinakhazikitsidwa pamaziko a kukhazikitsidwa kwathunthu kwa Mapulani Anthawi Yapakatikati omwe atuluka mu 2021 komanso zovuta za IFRS 16 zisanaganizidwe.Chifukwa chake, mofanana, kuphatikiza IFRS 16, ROCE yathu ikadakhala pafupi ndi 17.5% ya 2019.

Kutaya ndalama kwaulere kwa chaka kunali EUR 547 miliyoni, kuwonjezeka kwa 11% pa EUR 494 miliyoni yoperekedwa mu 2018. Ndipo pamene EBITDA inali yokwera kwambiri chaka ndi chaka, momwemonso, monga Tony ananenera, anali CapEx.Kuthetsa uku kunali kusintha kwakukulu kwa ndalama zogwirira ntchito kuchoka pa EUR 94 miliyoni mu 2018 kufika pa EUR 45 miliyoni mu 2019. ndalama zogwirira ntchito monga kuchuluka kwa malonda pa 7.2% pa Disembala '19 zili bwino pakati pa 7% mpaka 8% yathu komanso pansi pa 7.5% pa Disembala 2018.

Ngongole zonse za EBITDA ku 2.1x zinali zokwera pang'ono kuchokera ku 2x zomwe tidanena pa Disembala '18, koma zotsika kuposa 2.2x theka la chaka.Ndipo kusuntha kwamphamvu kuyenera kuwonedwanso potengera ngongole yokhudzana ndi IFRS 16 komanso, kukwaniritsidwa kwa zinthu zina mchaka.Chifukwa chakenso, kupatula IFRS 16 pamaziko ofananira, mwayi udzakhala 2x kumapeto kwa Disembala '19, ndipo kaya ndi IFRS 16 kapena popanda IFRS, bwino kwambiri mkati mwazomwe tafotokoza.

Ndipo potsiriza ndikuwonetsa chidaliro chomwe Bungwe ili nalo pazapano komanso, chiyembekezo chamtsogolo cha gululo, lavomereza kuwonjezereka kwa 12% pagawo lomaliza mpaka EUR 0.809 pagawo lililonse, ndipo izi zimapereka chiwonjezeko chaka ndi chaka. mu gawo lonse la 11%.

Ndipo kutembenukira tsopano ku ntchito zathu za ku Ulaya ndi ntchito zawo mu 2019. Ndipo EBITDA inakwera ndi 5% kufika ku EUR 1.322 biliyoni.Mphepete mwa EBITDA inali 19%, kuchokera ku 18.3% mu 2018. Ndipo chifukwa chakuchita mwamphamvu kwenikweni, monga ndafotokozera kale, ndi gawo la gulu lonse la ntchito.Kusungidwa kwamitengo ya bokosi kwakhala patsogolo pa zomwe tikuyembekezera chifukwa mitengo yaku Europe ya testliner ndi kraftliner yatsika ndi pafupifupi EUR 145 pa toni ndi EUR 185 patani, motsatana, kuyambira pa Okutobala '18 mpaka Disembala 2019. Ndipo monga tawonera m'nyuzipepala. kumasulidwa, posachedwapa talengeza kwa makasitomala athu chiwonjezeko cha EUR 60 tonne pa bolodi yobwezerezedwanso kogwira ntchito nthawi yomweyo.

Mu 2019, tidamalizanso kugula zinthu ku Serbia ndi Bulgaria, gawo linanso la njira yathu yaku South Eastern Europe.Ndipo monga momwe zimakhalira ndi kuphatikizika koyambirira ndi kupeza, kuphatikizika kwa zinthu izi ndipo, chofunikira kwambiri, anthu omwe ali mgululi akuyenda bwino, ndipo akupitiliza kukulitsa kufalikira kwa gululo ndipo, ndithudi, kukulitsa mphamvu ya benchi ya talente.

Ndipo tsopano kutembenukira ku America.Ndipo ku America kwa chaka, EBITDA idakwera ndi 13% mpaka EUR 360 miliyoni.Mphepete mwa EBITDA idakweranso kuchoka pa 15.7% mu 2018 kufika 17.5% mu 2019, ndikuyendetsedwanso ndi madalaivala omwe amadziwika kuti ndi gawo la momwe gulu lonse likuyendera.Kwa chaka chonse, 84% ya zopindula za derali zidaperekedwa ndi Colombia, Mexico ndi US, ndikuchita bwino chaka ndi chaka m'maiko atatu onse moyendetsedwa ndi kuchuluka kwa mavoti, kutsika mtengo wamtengo wapatali komanso kupitilizabe kupititsa patsogolo pulogalamu yathu yogulitsa ndalama.

Ku Colombia, mavoliyumu anali okwera 9% pachaka, makamaka chifukwa cha kukula kwakukulu kwa gawo la FMCG.Ndipo mu June, tidalengezanso zopatsa zabwino zogulira magawo ochepa ku Carton de Colombia.Malingaliro omwe adaperekedwa kumeneko anali pafupifupi ma EUR 81 miliyoni, ndipo amathandizira kasamalidwe kamakampani ku Colombia kwa ife.

Ku Mexico, tawona kusintha kopitilira muyeso wa EBITDA ndi EBITDA komanso kupitiliza kukula kwa voliyumu.Ndipo ku Mexico, kupitiliza -- kuchulukirachulukira pamayankho okhazikika, komanso kuthekera kwathu kopereka zogulitsa zapadera za Pan-American kwapitiliza kulimbikitsa bizinesi yathu yaku Mexico.Ndipo ku US, malire athu adapitilirabe chaka ndi chaka chifukwa chakuchita bwino kwambiri kwa mphero yathu komanso phindu la kutsika mtengo kwa fiber.

Kotero ndizo zotsatira za chaka mwachidule.Ndipo tsopano ndikufuna kunenanso za kugawa ndalama.slide iyi idzakhala yodziwika bwino kwa inu pakadali pano.Ndi zokhazikika zathu.Nthawi zonse takhala tikupanga ndalama zaulere.Ndipo kuyang'ana kopitilira muyeso kwa ndalama zaulere kumatithandiza kulinganiza zomwe timayika patsogolo ndikuwonetsetsa kuti ndalamazo zimakhala zolimba.Ndipo monga mukuwonera, ndi tsamba loyendera lomwe limatha kusinthika bwino mkati mwazomwe mukufuna kutsata 1.75x mpaka 2.5x.Ndipo monga mukudziwira, chandamale chathu cha ROCE cha 17% panthawi yonseyi, mbiri yobwezera bizinesi yathu yakhala ikuyenda bwino pakapita nthawi ndipo tikukhalabe ndi chidaliro pakutha kwathu kukwaniritsa cholingacho pakapita nthawi.

Gawo logawika ndi gawo lofunikira kwambiri pakugawa kwathu, ndipo takulitsa kuchoka ku EUR 0.15 kubwerera ku 2011 mpaka EUR 1.088 mu 2019. mu 2019 zikutanthauza kuti kuwonjezeka kwa phindu kudzakhala chochitika chosalowerera ndale.M'malo mwake, tikupereka eni ake masheya mapindu a kuchedwetsa.Ndipo timakhulupirira kuti ndalama zomwe zimaperekedwa kumapulojekiti amkati ndizofunikira pakukula ndikukula kwabizinesi.Monga mukuyembekezera, timagwiritsa ntchito njira zobwezera zomwe timasankha pogawa ndalama.Mofananamo, monga momwe zobwezera zimasonyezera, ndife adindo ogwira ntchito pazachuma, olangidwa pankhani yopeza zomwe tikufuna komanso osamala pankhani yazachuma zamkati.

Ndipo slide iyi ndi chikumbutso chabe cha kusinthika kwa gulu, zonse zaulere zandalama komanso zotsatira za zisankho zogawika likulu pakanthawi pakukula komanso chiwongola dzanja chandalama kuyambira chaka chathu chonse chogwira ntchito pambuyo pa IPO mu 2007. Ilinso ndi kusinthika kwa phindu kuyambira 2011. Monga Tony wanenera, gawo lofunikira la masomphenya athu ndikupereka zopindulitsa zotetezeka komanso zapamwamba kwa onse okhudzidwa.Kupereka mosalekeza milingo iyi yobweza kumawonetsa mphamvu zomwe timapangira ndalama zaulere, zomwe ndikukhulupirira, monga momwe chithunzi chikusonyezera, titha kupereka mosasamala kanthu za msika.

Kuyambira 2007, kupanga ndalama zathu kwatilola kuti tisinthe kwambiri ndalama za gulu, kuchepetsa mphamvu komanso kugwiritsa ntchito mwayi wambiri kuti tibwezere ngongole zathu.Tili pamalo pomwe chiwongola dzanja chathu chakwera pang'ono 3%, chiwongola dzanja chathu chatsika kwambiri, ndipo monga ndanena kale, tapereka zina mwazopindulazo kwa eni ake.

Zogawidwa ndi gawo lofunikira kwambiri popanga zisankho za kagawidwe ka capitalization ndipo zimapereka chitsimikizo cha phindu kwa eni ake.Nthawi zonse takhala tikuzifotokoza ngati ndondomeko yogawa magawo ndipo yapereka CAGR pafupifupi 28% kuyambira 2011. Njira yobwerezabwereza iyi yopangira ndalama mubizinesi ndi M&A yopititsa patsogolo phindu, kubweretsa phindu lapamwamba, imathandizira kulimbikitsanso kulimbikira kwa banki ndi komanso kubweza kochulukira kwa omwe ali nawo.

Ndipo potsiriza, ndikungotembenukira ku upangiri wina waukadaulo wa 2020. Monga mwachizolowezi, ngati pali mafunso atsatanetsatane azithunzi, mwina mogwira mtima komanso mogwira mtima osagwiritsa ntchito intaneti.Chomwe chili chodziwikiratu, monga Tony adanenera, ndikuti potengera momwe ndalama zikuyendera, tikhala ndi chaka china chopereka ndalama zaulere.

Zikomo, Ken.Mu 2016, tidakhazikitsa masomphenya atsopano komanso ogawana nawo a Smurfit Kappa Gulu.Ndipo ichi ndi chinthu chomwe mukampani timalimbikira tsiku lililonse, chifukwa chimatanthauzira momwe timachitira bizinesi ndi chikhalidwe chathu chotsogozedwa ndi ntchito.Ili si dziko lolakalaka.Smurfit Kappa yatumiza mwachangu komanso mosasintha, mwantchito komanso mwandalama.

Monga a Ken wanenera, tsamba lathu la ndalama lili mkati mwa momwe tafotokozera ndipo zobweza zathu zapitilira zomwe zakhazikitsidwa mu Mapulani a Nthawi Yapakati.Ndikukhulupirira kuti zomwe tachita posachedwa komanso kuzindikira kwathu zikuwonetsa kupita patsogolo kwamasomphenyawa, ndipo ndikukhulupirira kuti zikuwonekera kwa inu nonse lero.

Pankhani yoyamikiridwa padziko lonse lapansi, ndine wokhutitsidwa kuti tikupita patsogolo ku cholinga chimenechi.Mphotho zathu m'magawo onse a CSR komanso zatsopano zimatipangitsa tonsefe ku Smurfit Kappa Group kudzimva kuti tili panjira yoyenera.Izi, ndithudi, ndi ulendo wosatha ndi chikhalidwe chathu.Komabe, ndikutsimikiza kuti kudzipereka kwathu komanso kulimbikitsidwa kwa anthu kukupita patsogolo muzatsopano komanso zochitika za CSR.

Kuzindikirika kwapadziko lonse kumakulitsa udindo wa kampani ngati mnzake wosankha makasitomala athu ndipo, monga olemba anzawo ntchito, omwe amatipatsa mwayi wokopa, kusunga ndi kulimbikitsa talente yabwino kwambiri yomwe ilipo.

Pankhani yopereka mwachangu, ndikukhulupirira mukuwona, tikuchita izi mwamphamvu mu Gulu la Smurfit Kappa.Ndi malo athu ochitira zinthu komanso anthu, tikupitilizabe kupanga makasitomala athu omwe akukula ndikukula nafe.Ntchito zathu zikupitirizabe kuyenda bwino m'mbali zonse, kukhala chitetezo, ubwino ndi mphamvu.Kampani yathu yakhala ikugwira ntchito mwachangu kudzera pakugula, ndipo tapeza mwayi ndi mabizinesi atsopano omwe amalowa m'kampani yathu omwe amapereka phindu kwa omwe timakhudzidwa nawo.

Dongosolo Lathu Lanthawi Yapakatikati lachitika mwachiwonetsero.Kukweza kolemera mu makina amphero ku Europe kudzakhala kumbuyo kwathu pofika kumapeto kwa chaka cha 2020.Pali kuthekera kwakukulu koyikapo ndalama mubizinesi yathu yomwe ikuyang'ana pamsika kuti tigwiritse ntchito mwayi wokulitsa chifukwa cha misika yomwe tilimo;kapena zochitika za nthawi yayitali, monga kukhazikika;kapena kutenga ndalama chifukwa cha kukwera mtengo kwa ntchito.

Pankhani yokhazikika, ogula ndi anthu akufuna dziko labwino la tsogolo lathu lonse.Njira ya Smurfit Kappa ndi yosiyana kwambiri popereka kwa ife ndi omwe akukhudzidwa nawo mderali.Ndiponso, monga momwe Ken wasonyezera posachedwapa ndipo monga momwe machitidwe athu a nthawi yayitali amasonyezera momveka bwino, tikupitiriza kupereka malipiro otetezeka komanso apamwamba kwambiri pa nthawi yayitali, kuchoka pa 11.3% mu -- pamene tinadziwika mu 2007 kufika pa 17% 2019 pakubweza ndalama zogwirira ntchito, zomwe zikugwirizana ndi zomwe tikufuna pakanthawi kochepa.Bizinesi iyi yasinthidwadi ndipo ikupereka masomphenya athu.

Ndipo kutembenukira ku chidule cha zomwe tanena ndi mawonekedwe.Tiyeni tiwonenso zomwe tidanena pamalowa zaka 2 zapitazo mu february 18 pakukhazikitsa kwa Medium-Term Plan kuti Smurfit Kappa m'zaka 5 idzakhala ndi mtundu wabwino kwambiri, zikadakhala zikuchulukirachulukira, zikadakhala zikuchulukirachulukira. mphamvu ndipo akanakhala ndi mapindu otetezeka ndi apamwamba.

Patangotha ​​zaka 2, tatsala pang'ono kuyembekezera.Kubweretsa zofunikira zathu ku European containerboard kudzera pakupeza Reparenco;kupita patsogolo pama projekiti ambiri a kraftliner mu mphero yathu yaku France, mphero yaku Austrian, mphero yaku Sweden;pamodzi ndi kupitirizabe ku Colombia ndi Mexico mu machitidwe a mphero.Talowa m'malo atsopano, Serbia ndi Bulgaria.Tili ndi chiwongola dzanja chokulirakulira, chokhala ndi nthawi yayitali komanso chiwongola dzanja chotsika chomwe Paul, Brendan ndi magulu achita.Ndipo tapereka zobweza zotsogola pang'onopang'ono mogwirizana ndi zomwe tafotokoza zanthawi yayitali.

Tidadzipereka ku zolinga zingapo zaukadaulo, zogwirira ntchito komanso zachuma, ndipo ndikhulupilira kuti tawonetsa kuti takwanitsa, ndipo nthawi zambiri timadutsa zomwe talonjeza.Mu Gulu la Smurfit Kappa, timanena momwe timachitira komanso timachita momwe timanenera.

Pomaliza, ndikufuna kunena kuti pazaka zingapo zapitazi, bizinesi ya Smurfit Kappa yapita patsogolo kwambiri.Izi ndi zotsatira za mabizinesi athu kudzera mu Mapulani a Nthawi Yapakati, zogula zomwe tapeza ndikuwonjezera kubizinesi yathu, njira yathu yogawa bwino ndalama komanso, makamaka, chikhalidwe ndi anthu omwe ali mubizinesi yathu omwe ali ndi makasitomala ndi makasitomala. kuchita pamtima.Ndipo mofananamo, tikupempha mameneja athu kuti azitenga ndalama ngati kuti ndi zawo ngati chikhalidwe cha eni ake.Ndipo monga mukudziwa, zokonda zathu zimagwirizana ndi omwe ali nawo.Chifukwa cha ichi, tikuwongolera mu zonse zomwe timachita.Tsamba lathu losakira ndi lotetezeka komanso lili ndi mphamvu zotulutsa ndalama zaulere.Ndipo monga tanenera lero, ntchito zamtsogolo zimatengera zomwe mwapangidwa.Malata ndi boardboard ndi bizinesi yamakono komanso yamtsogolo, padziko lonse lapansi komanso kwa makasitomala athu omwe angagwiritse ntchito malonda athu kuti apindule nawo.

Ponena za chaka chomwe chilipo, kuchokera pazofunikira, chaka chidayamba bwino.Ndipo ngakhale ziwopsezo zazikulu komanso zachuma zidakalipo, tikuyembekezera chaka chinanso champhamvu chaulere komanso kupita patsogolo kosasintha motsutsana ndi zolinga zathu.

Chifukwa chake, ndimaliza kufotokozera ndikuyamba kufunsa mafunso kuchokera pansi.Ndiyeno zitatha izi, titenga mafunso kuchokera pamwamba.

Lars Kjellberg, Credit Suisse.Mafunso atatu ochokera kwa ine.Tony, ngati mungafotokoze pang'ono mukamalankhula pazovuta zomwe mukuchita pamsika, Better Planet Packaging, et cetera, komanso Mapulani Anthawi Yapakatikati, monga munanenera, mukupereka mwachiwonetsero?Kodi mungatipatse chidziwitso pazomwe mudatulutsa mu 2019, momwe tingaganizire za izi ndi mwayi mu 2020?Ndipo potsiriza, mudayankhula za kusunga mtengo wa bokosi, zomwe ziri zomveka bwino.Kodi mungatiuzeko komwe tinamaliza chaka malinga ndi mtengo wamabokosi komwe iwo -- kutengera komwe adayambira?

Pomaliza, ndikutanthauza, sitimakonda kusokoneza chifukwa, mwachiwonekere, ndi nkhani yamalonda kwa ife, Lars.Koma ndikuganiza komwe takhala tikupita kwazaka zambiri ndikupatsa makasitomala athu mtengo.Ndipo izi zitha kutanthawuza mitengo yotsika yamabokosi kwa iwo ndi malire apamwamba kwa ife chifukwa timatha kupanga bokosilo mosiyana.Ndipo kotero mtengo ndi chizindikiro, koma mwachiwonekere malire ndi chizindikiro china.Ndipo gawo lina la cholinga chokhala ndi ndalama zomwe tili nazo muzatsopano ndikuti timatha kupambana ndi makasitomala athu.Ndipo izi zitha kukhala pamitundu yosiyanasiyana, kaya ndi ndalama zomwe zasungidwa ndikuwathandiza kuyambira pachiyambi.

Ndipo chimodzi mwazinthu zabwino kwambiri kwa ife, pamene tikuwona izi zikuchitika, makasitomala amabwera kwa ife koyambirira.Ndipo ndipamene amapeza ndalama zambiri chifukwa amatha kugwiritsa ntchito mankhwala ochepa okha m'matumba awo amkati ndikukhala ndi bokosi lamphamvu, kapena kukhala ndi bokosi lopepuka kuti tipeze zambiri mkati.Ndikutanthauza, pali mitundu yonse ya njira zosiyanasiyana, pamene kasitomala ayamba kugwira ntchito ndi ife, kuti tikhoza kuchepetsa mtengo waukulu kwa iwo.Chifukwa chake ndikuganiza kuti sititero - ndikutanthauza, pali mafomu omwe amapita kubizinesi wamba, koma zomveka, tikuyesera kupanga zatsopano momwe tingathere makasitomala.

Pankhani ya funso lanu loyamba, zosokoneza za Better Planet Packaging ndi zotani.Ndikutanthauza umboni wokhawo womwe ndingathe kunena kuti ndi zochitika zingati zomwe timayendetsa makasitomala pa kukhazikika komanso momwe angasinthire zinthu.Ndipo ndikutanthauza, pali nthawi yotsalira kwa izo.Chifukwa mwachitsanzo, Ken akulankhula za TopClip iyi.Ndikutanthauza kuti sitikutsimikiza 1,000% kuti zigwira ntchito.Koma tikhoza kukuuzani kuti wopereka makina aakulu kwambiri akugwira ntchito ndi ife ndi makasitomala athu kuti apange makinawa kuti adzaze zitinizi mofulumira zomwe zimayenera kudzazidwa zomwe zidzatenga zaka zingapo kuti zituluke.Koma zikachitika ndipo zikachitika, mukulankhula mabiliyoni ambiri apamwamba m'malo mochepetsa filimu yomwe - ndipo ndili ndi mwana wanga wamwamuna pano ndi abwenzi ake, ndipo amati amadana ndi chinthu chapulasitiki chomwe. imazungulira pamwamba.Kotero ndiye ogula lero amene akuganiza zimenezo.

Ndipo ndi mwayi waukulu kwa ife.Kaya ndi dongosolo lathu lomwe limatha kukhala njira yogwirira ntchito, sindikudziwa.Koma ndi patent padziko lonse lapansi.Tili ndi chidwi kwambiri ndi izi.Ndipo ndicho chinthu chimodzi chokha.Ndikutanthauza kuti timalankhula za Styrofoam, timalankhula za mapulasitiki ena onse.Choncho ndikusintha masewera.Ndipo ine basi - fanizo lina pa izo linali, pamene ndinali pa CMD m'mawa uno, limodzi la mafunso linali lozungulira chakuti ife tiri mu malo oyenera ndi mmodzi wa owonetsa.Ndipo izi zikusonyeza kuti bizinesi yathu, osati bizinezi ya Smurfit Kappa yokha komanso bizinesi ya malata, ndi bizinesi yosangalatsa kwambiri mtsogolo momwe takhala pano.Koma Ken, kodi mukufuna kutenga Nthawi Yapakati?

Lars, malinga ndi Mapulani a Nthawi Yapakati, khalani osavuta, pafupifupi EUR 35 miliyoni mchaka cha 2019 komanso pafupifupi EUR 50 miliyoni mu 2020.

David O'Brien wochokera ku Goodbody.Mwinamwake kutsatira funso la Lars.Pa Slide 13, mumawonetsa bwino zomwe mwakhala nazo mwa osewera ena a FMCG.Ndikusintha kocheperako kotani kwamakhalidwe amakasitomala omwe mudawonapo pazaka 5 zautali wa kontrakitala, kukakamira kwa kontrakitala, zomwe ndikutsimikiza kuti zidafika pachimake pakuchita bwino kwa malire?Kodi bizinesi yakhala ikuchita bwino kwambiri kuposa mabizinesi ena onse?Ndiyeno pa kukhazikika makamaka ndi kupambana komwe mudakhala nako mpaka pano, ndi mtundu wanji wa ndalama zomwe makasitomala akufuna kulipira kuti athetse yankho lokhazikika?Ndipo tikaganizira za mtengowo, ndani akumeza ndalamazo?Kodi ndi ogula kumapeto kapena ndi kasitomala wanu?Ndipo pomaliza, pamawu anu, Tony, poyambira chaka, kodi mutha kuwerengera komwe kwapita motsutsana ndi 1% mu Q4, ndi madera ati amsika kapena madera omwe akuwoneka kuti akuyenda bwino motsatizana?

Pachidule chamgwirizanowu, ndikuganiza kuti tili ndi kulimbikira kwambiri.Ndikutanthauza, ndikuganiza ngati kampani, timakonda kusataya makasitomala ambiri.Timataya wosamvetseka.Koma kawirikawiri, timakhala osataya iwo.Ndipo ndi gawo la zopereka zonse zomwe timachita.Ndikutanthauza, ndikuganiza kuti makasitomala athu akukumana ndi zovuta zomwe timachita, zomwe ndi kuchepetsa ndalama zawo, mwachiwonekere akupanga kusintha kwa bungwe lawo ndipo amafuna ukadaulo wochulukirapo kuchokera kwa ogulitsa kuposa kale kuti awathandize pamsika wawo.Ndipo kotero ndicho chachikulu positive.

Chinthu chinanso chabwino ndi chakuti amatenga ndalama m'maofesi awo ndipo amadzipangira okha ndipo amathamanga kwambiri, zimagwira ntchito zonse ziwiri.Tikapambana bizinesi, zimatenga nthawi yayitali kuti tipeze.Koma akayika mizere yothamanga kwambiri, kutalika kwa zitoliro zathu zamalata kumasiyana ndi kampani ndi kampani.Ndipo muyenera kuyesa makina ndipo muyenera kuyesa msika, ndipo muyenera wina kuti achite zimenezo.Ndipo nthawi zambiri iwo alibe zimenezo.Ndipo nthawi yamakina ndi yofunika kwambiri kwa makasitomala amenewo.Chifukwa chake, simutero - zimakhala zovuta kupeza nthawi yamakina kuti muyike chinthu chanu.Chifukwa chake monga ndikunenera, zimagwira ntchito zonse ziwiri mukapambana bizinesi.

Ndiyeno mukamakamba za makasitomala, chimodzi mwa zinthu zomwe sizimaganiziridwa kwenikweni m'chipindamo, mukamakamba za kasitomala wina, mumaganiza kuti ndi kasitomala mmodzi ndi chinthu chimodzi, ndicho chikhalidwe chachilengedwe.Koma kasitomala m'modziyo akhoza kukhala ndi mizere 40 yopita kumayiko 50 okhala ndi zosindikiza zosiyanasiyana, ndipo amafunikira wina womuwongolera.Kotero zovuta za kusintha zimakhala zovuta kwambiri mukakhala ndi bizinesi yomwe ili yothamanga kwambiri, yokhazikika, yokhala ndi zofunikira zamphamvu kwambiri, ndi OTIF yamphamvu kwambiri, yokhala ndi PPM yamphamvu kwambiri.Chifukwa chake ndikuganiza kuti tili ndi makasitomala omata kwambiri.Ndikutanthauza kuti sitizitenga mopepuka, ndithudi.Koma timakonda kusataya makasitomala ndipo timakonda kuwina makasitomala chifukwa cha luso lathu.Ndipo pamene ndikukhala pano lero, ndife okondwa kwambiri ndi momwe tikuonera kutsogolo.Koma kachiwiri, sitingapume pa nkhani imeneyi.Ponena za funso lomaliza, lomwe linali ...

Ndikuganiza momwe timayang'ana pa Q4, October ndi November zinali zamphamvu kwambiri komanso zogwirizana kwambiri ndi 2% zomwe tikadatitsogolera nthawi zonse.Ndikuganiza komwe Khrisimasi idagwera, ndi Lachitatu, zimangotanthauza kuti kunja kwa masiku ogwirira ntchito, mwatuluka kuti mukasindikize, zomwe zikutanthauza kuti tchuthi chochulukirapo mu Disembala, kutumiza kocheperako.Chifukwa chake ndikuganiza kuti mukamachotsa zonsezo, mumakhala kuti mumabwereranso 1.5% mpaka 2% yomwe tikanawongolera.

Ndikuganiza za madera ndi komwe tidawona izi, ndikuganiza kuti Peninsula ya Iberia ndi yamphamvu kwambiri, Italy inali yamphamvu kwambiri, ndipo Russia ndi Turkey zinali zamphamvu kwambiri.Ndikuganiza kuti Germany inali yathyathyathya, zomwe poganizira za ku Germany ndizotsatira zabwino kwa ife.Ndipo France ikupitiliza kuchita bwino pang'ono.Ndikuganiza - chabwino, UK, monga momwe mungaganizire, ngati kukokera pang'ono komwe kupatsidwa Brexit mkati, Brexit kunja ndi zonsezo.Koma ndikuganiza kuti Germany ili komwe ili, sindiyenera kuwona ku Europe kunyamuka.Chilichonse chomwe chimachoka, ndiye kuti timayendera bwino, koma tikuchitabe bwino kuposa msika nthawi zambiri.Ndipo ndikuganiza kuti ndizoyenera kunena kuti atabweranso mu Januware, misikayi idapitilira kuchita bwino.Chifukwa chake tikaganizira zamtsogolo ndikukambirana zakufunika kwa chaka, kodi muli mumtundu wa 2 [mu biz], sizikuwoneka ngati zachilendo pakadali pano.

Ndi Barry Dixon wochokera ku Davy.Mafunso angapo.Mwangotchulapo -- mu chinthu chomwe muli nacho - kusunga mitengo yanu kunali bwino kuposa momwe munkayembekezera ku Europe mu 2019. Kodi mukuganiza kuti iyi ndi nkhani yanthawi yake?Kapena kodi pali china chake chomwe chikuchitika pano chomwe mumatha kusungabe chifukwa cha zinthu zonse zomwe mwakambirana?Ndiyeno funso lachiwiri, Ken, mwina malinga ndi Mapulani Anthawi Yapakatikati, ndikungobwerera ku izi, mwina mutipatse chidziwitso cha EUR 1.6 biliyoni, kuchuluka kwa zomwe zagwiritsidwa ntchito pano. siteji yopereka EUR 35 miliyoni ndi EUR 50 miliyoni mu 2020?Ndipo mudawonetsa m'mawu kuti muyang'ana kukulitsa, ndikuganiza, kapena kukulitsa dongosolo.Kodi mungatipatseko mtundu wozungulira pamenepo, mwina malinga ndi -- kodi ndi nthawi?Kapena ndi ndalama zomwe mukukonzekera kugwiritsa ntchito?Kenako kuwonjezera komaliza motengera malingaliro anu ozungulira mtengo wa OCC ndi mitengo ya OCC.

Chabwino.Nditenga yoyamba yosunga mitengo kenako Ken mutenge yotsalayo.Ndikuganiza kuti ndizabwino kunena kuti chifukwa cha zomwe tikubweretsa makasitomala athu, pali -- pakhala kusungika bwinoko kale.Zachidziwikire, sitilosera kuti izi zipitilira, koma tili ndi chikhulupiriro champhamvu chomwe chiyenera kupitilira.Ndipo ndithudi, anthu athu onse akugwira ntchito molimbika kuti awonetsetse kuti ikusungidwa bwino.Koma ine sindidzaimirira apa ndi kunena mwamtheradi kuti zichitika.Koma tikugwira ntchito molimbika kwambiri kuti titsimikizire kuti tidzasungabe.

Ndipo mwachiwonekere, kulengeza kuwonjezeka kwamitengo pamsika kumathandizira ndondomekoyi m'lingaliro lakuti ngati mitengo ikutsika, idzabwereranso.Ndipo popeza tili ndi makasitomala 65,000-kuphatikiza, aliyense ndi wosiyana ndipo timakambirana mosiyanasiyana ndi aliyense wamakasitomala amenewo.Ndipo kotero - koma ndinganene, kawirikawiri, inde.Koma kachiwiri, osapumira pa zokonda zathu pa izo.

Ndipo Barry, malinga ndi Mapulani a Nthawi Yapakati, ndikuganiza, choyamba, ndi mtundu wa kubwezeredwa ku EUR 1.6 biliyoni chifukwa, mwachiwonekere, zidasintha pang'ono pomwe timadutsamo.Chifukwa chake ma EUR 1.6 biliyoni, monga mukukumbukira, anali opitilira zaka 4 ndi mtundu wina wapakati pa EUR 330 miliyoni, EUR 350 miliyoni ngati nambala yoyambira.M'malo mwake, mwina EUR 330 miliyoni poyambira, koma tachita zinthu zambiri kuti tiwonjezere maziko a CapEx: Serbia, Bulgaria, et cetera.

Chifukwa chake -- koma EUR 1.6 biliyoni anali ndi mapulojekiti awiri ofunikira apa ndipo amenewo anali makina amapepala ku Europe ndi makina amapepala ku America.Makina a mapepala ku Ulaya sanachitidwe chifukwa tinagula Reparenco.Ndipo makina amapepala ku America, sitichita ngati gawo la dongosololi pano.Ndikuganiza kuti sitiyenera kutero chifukwa cha msika komanso komwe timakhala malinga ndi mitengo ndi zofuna.Zopereka zathu zamabokosi ku America zinali -- monga mukudziwa, zinali zazifupi matani 300,000.Chifukwa chake, mwina mutha kubweza mapulaniwo kuchokera pa EUR 1.6 biliyoni kupita, kuyitcha, EUR 1 biliyoni pa moyo wa mapulani omwe agwiritsidwa ntchito.

Ndipo ngati mungayang'ane EUR 733 miliyoni chaka chatha ndi chaka chatha, ndipo chitsogozo cha chaka chino cha EUR 615 miliyoni, mutha kuwona kuti pafupifupi ndalama zonse za Medium-Term Plan, ngati mukufuna, poyambira. dongosolo lidzagwiritsidwa kumapeto kwa '21 -- kapena' 20 mpaka '21.Ndipo ngakhale ndi EUR 350 miliyoni ya CapEx yoyambira, mukadali ndi kukula kwa CapEx mu chiwerengero cha EUR 615 miliyoni, ngakhale EUR 60 miliyoni ikutanthauza kubwereketsa.

Ndipo ndikuganiza tikaganizira za kubwerezanso kapena kusintha kwa Medium-Term Plan, zimangokhala - ngati mungaganizire zomwe tidalankhula zaka 2 zapitazo komanso momwe dziko lakankhira pazinthu zomwe talankhula. za m'mawa uno kuzungulira kukhazikika kapena kupitilira kukula m'madera ena ndi madera ena, ndipo ndithudi momwe gululo lasinthira, tinalibe Reparenco, palibe Serbia, Bulgaria, zomera zambiri ku France, zinatipangitsa kukhala pansi ndikuganiza. za chitsanzocho kupita patsogolo ndi kukonzanso, kubwezeretsanso, kukonzanso zomwe tingafunike malinga ndi madalaivala omwe timawawona patsogolo pathu.Chifukwa chake sikuyimitsa kwenikweni kapena kusintha kapena kusuntha, ndi malo achilengedwe ongotengera kuchuluka kwa ntchito zomwe tachita mpaka pano kuti tinene, kwenikweni, kuti tidzayang'ana pati zaka zinayi zikubwerazi.

Chifukwa chake -- ndipo tigwiritsabe ma EUR 615 miliyoni chaka chino, kotero sikungopumira kwenikweni mwanjira imeneyi.Ndikuganiza kuti ndichizindikiro kuti, nthawi ina, mudzatimvanso tikuyimilira ndikulankhula za komwe tikuwona zaka 4 zikubwerazi za Smurfit Kappa malinga ndi momwe amagwirira ntchito.Ndipo takhala - tayamba kale kuganiza za izi, kotero palibe ngakhale chitsogozo pa manambala pazomwe zingatanthauze.Koma ndikuganiza, kwenikweni, ndi za magalimoto komanso kukopa ena mwamadalaivala omwe timawawona patsogolo pathu.Ndipo OCC imawononga Barry, funso lenileni linali chiyani?

Iwo akhoza kukhala chimodzimodzi.Ine ndikuganiza inu—chabwino.Ndi lingaliro lanu?Tawonani, ndikuganiza kuti tikudziwa - ndipo Tony ali ndi lingaliro, nayenso, ndikuganiza kuti ndi nkhani ya - tidalankhula za pansi ndi OCC kwa nthawi yayitali, ndipo tikuwona izi zikupitilirabe.Ine ndikuganiza pamene ife tiri pano lero, inu mukhoza kutsutsana mwina izo sizingakhoze kutsika kwambiri, koma izo ndithudi kubwerera mmwamba.Chifukwa chake ndikuganiza kuti ngati mayendedwe akuyenda sakhalanso asymmetric, ndikuganiza kuti mwina ndikutsika pang'ono.Koma zowona, mutha kuziwona zikubwerera kutengera -- tsopano yambitsani zomwe zingachitike masabata awiri muvutoli kapena vuto lomwe limabweretsa pakufunidwa nthawi zambiri.Koma ndikuganiza ife - lingaliro lathu lingakhale mitengo yanthawi yayitali ya OCC ndiyokwerapo pamitengo yonse yamapepala ndi mitengo yamabokosi.Koma takhala - monga ndikuganiza ndinanena chaka chatha, ndinalakwitsa pamitengo ya OCC miyezi 12 motsatizana.Chifukwa chake - koma ndikuganiza, inde, zitha kukhala chimodzimodzi, mmwamba kapena pansi, ndikuganiza, ndi yankho langa, Barry.

Cole Hathorn wochokera ku Jeffries.Ndimangofuna kutsatira pakukwera kwamitengo yanu yobwezerezedwanso.Ndipo ine ndinali kungodabwa pa namwali, inu muli ndi nthawi yopuma mu mphero zaku Finland.Ndipo kodi izi ndizomwe mukufunikira kukwera kobwezerezedwanso kuti mudutse musanadutse kukwera kwa namwali?Ndiyeno chachiwiri, kubwerera mu Meyi pa Innovation Event yanu, mudawonetsa makina anu oyikapo akupangira mabokosi onyamula sitiroberi ndi zinthu monga choncho.Mumalankhula kale zamakina anu enieni omwe ali m'bokosi, kodi mungangopereka pang'ono mtundu wa momwe zimathandizire ndi makasitomala anu ndi mapepala ena omwe mukuwona - ndikudutsa pamakina anu?

Kumbali ya namwali, Cole, pali kusiyana kwakukulu pakati pa mitengo ya namwali ndi yosinthidwanso.Ndipo mwachiwonekere, ndicho chinthu chomwe timachiyang'anitsitsa.Koma ndizochepa - zimagwiritsidwa ntchito pazinthu zosiyanasiyana.Koma pali chidutswa cha crossover chomwe tiyenera kuyang'anitsitsa nthawi zonse.Ndipo kusiyana, chifukwa cha kugwa kwa mapepala obwezerezedwanso ndi mtengo wa mapepala obwezerezedwanso chifukwa cha ndalama zake zazikulu zolowera kutsika, zikutanthawuza kuti kusiyana kwakhala kwakukulu kwambiri kuposa - kwakukulu kuposa mbiri yakale.Ndipo tilibe madalaivala ofanana pamitengo.Wood si kupita kumlingo wofanana ndi zobwezerezedwanso pepala.Chifukwa chake monga momwe Ken adanenera, mtengo wokwera wa mapepala otayira ndi wabwino kwa Smurfit Kappa.Koma tiyenera kupita - ngati pepala lotayirira likwera, tidzakumana ndi zowawa pamene tikudutsanso kuzungulira.Koma ndizo - sitikuwona izi mu -- ndithudi mu nthawi yochepa.

Chifukwa chake pankhani ya msika, ndizovuta kwambiri kwa namwali.Ndikutanthauza kuti tinathamanga kwambiri mu mphero yathu yaku Sweden m'mwezi wa Januware kotero tidataya matani, chifukwa chake, tikuthamangira kuti tipeze matani ndipo sitingathe kuwapeza.Choncho msika ndi wothina kwambiri.Ndipo kuwonjezera mafuta pa izi ndikunyanyala ku Finland komwe kuli sitiraka yomwe ikuchitika pomwe -- tsopano patatsala milungu iwiri kuti achite sitiraka kapena kutsala pang'ono milungu iwiri, ndipo mwachiwonekere zikuchotsa anamwali ambiri pamsika.Chifukwa chake ndi msika wothina ndipo tikupitilizabe kuyang'ana malowa ponena za kupambana kwa kuwonjezereka kwa mtengo wobwezerezedwanso, ndiyeno mwinamwake tidzayenera kuganizira zomwe timachita pa virgin ngati kuwonjezeka kwa mtengo kumeneko kuli bwino.Pankhani yamakina, zili ngati 8,000 aiwo mubizinesi, tikuchita, ndikuganiza, ndi angati pamwezi omwe timakhala ...

Chifukwa chake ndife - ndikutanthauza, ndi gawo chabe la zopereka zathu, Cole, zomwe tikupitilizabe kunena kwa makasitomala athu mwina tidzipanga tokha, tili - ku UK, Germany, Italy tili ndi zathu. kupanga makina amakina, mapangidwe athu;kapena timagula pamene tikugwira ntchito ndi kampaniyi yomwe itithandiza pamakampani opanga zakumwa komwe tilibe mphamvu zoperekera makinawo.Chifukwa chake ndikutanthauza kuti timakonda -- tili ndi gawo lamakina omwe amakhala ngati cholumikizira mkono wathu wogulitsa, ndipo ndichinthu chabwino kwambiri.Monga ndikunena, kaya tizichita mkati kapena kunja, ndi nkhani yamakina omwe - ndi zinthu zomwe timapereka.Kotero ndi chingwe china chabe cha uta wathu, ndingachitche monga choncho.

Ndikuganiza, Cole, komanso zimabwereranso ku mfundo ya David yokhudzana ndi kukhazikika kwa makasitomala m'lingaliro lakuti, ndizovuta kwambiri ndi makina anu ogulitsa makina, zovuta kwambiri kuti musinthe posachedwa ngati zili pamtengo. kapena chinthu china.Komanso, ndizosavuta kupanga zatsopano pamapeto abokosi ngati ndinu ogulitsa.Chifukwa chake ndikuganiza kuti tawona kupambana kwakukulu pagawo la bizinesi yathu yamakina.Koma zimakhala ngati - zimaphatikiza Smurfit Kappa kupitilira - kale ndizomwe zimagulitsa mapepala ndipo tsopano ndi ogwirizana nawo, omwe ali ndi kukhazikika koteroko komwe makasitomala anu amafuna (osamveka) .

Ndipo zomwezo, timapereka zamakono kwambiri, makina opangira okha mu thumba lathu ndi bokosi bizinesi.Chifukwa chake, ngati ndinu odzaza thumba ndi vinyo wothamanga kwambiri, mumabwera ku Smurfit Kappa ndikukupatsani makinawo.Atha kugula kapena kubwereketsa.Koma timayigwiritsa ntchito ndipo amagwiritsa ntchito zikwama zathu, amagwiritsa ntchito matepi athu nthawi iliyonse.

Justin Jordan wochokera ku Exane.Ndikuthokoza kuti simungatipatse zolosera za OCC, koma mungathe -- funso limodzi lodziwika bwino la mbiri yakale.Kodi mungatiuze kuchuluka kwa phindu lomwe linalipo malinga ndi mlatho wa EBITDA kubizinesi mu 2019?

Zedi.Zinali za chaka chonse cha '19, phindu linali EUR 83 miliyoni, ndipo linagawidwa EUR 33 miliyoni mu theka loyamba ndi EUR 50 miliyoni mu theka lachiwiri.

Chabwino.Ndipo mungango-- kachiwiri, funso loona.Kuyamikira izo zisanachitike.Ndi mtundu wanji wa OCC womwe mukugula ku Europe ndi America pomwe bizinesi ili lero?

Ku America, pafupifupi matani 1 miliyoni.Ndipo ku Europe, ndi matani 4 miliyoni mpaka 4.5 miliyoni.Ngati mukukumbukira, inali yokwera pang'ono, koma tidagula -- titagula Reparenco, tidapezanso malo opangira fiber.Kotero kwenikweni, ife mwina -- muli pafupifupi matani 1 miliyoni mmenemo timasamutsa kuchokera, ngati mukufuna, opaleshoniyo kupita ku mphero yathu yamapepala.Chifukwa chake sitipeza phindu la matani 1 miliyoni a phindu lililonse ku OCC, zimangokhala ngati mtengo wamapepala ndikutisamutsa kuchokera kugawo lina kupita ku lina.Koma net-net, pakati pa 4 miliyoni, matani 4.5 miliyoni a OCC omwe amadyedwa ku Europe ndi mphero zaku Europe.

Ndipo ngati tiganiza zochoka, tinene, EUR 1,650 miliyoni 2019 EBITDA ku chilichonse chomwe chingakhale chotsatira cha 2020, ndipo ndikuyamikira kuti pali zinthu zingapo zomwe simungathe kuzilamulira malinga ndi kuvomereza kwamitengo yamabokosi ndipo pamapeto pake. kukula kwamakampani, koma zinthu zomwe muli nazo, mwatiuza kale za chopereka cha EUR 50 miliyoni kuchokera ku Mapulani Anthawi Yapakatikati mu 2020, ndiye ndani akudziwa, pangakhale zabwino kuchokera ku OCC.Kodi pali zinthu zina zamtengo wapatali, mmwamba kapena pansi, zomwe tiyenera kuzidziwa?

Inde.Ndikuganiza kuti tipita mumayendedwe omwe timakambirana, ndiyenera kunena, Dongosolo Lanthawi Yapakatikati, mwina tipereka EUR 50 miliyoni mu [2019].Monga mwachizolowezi, ntchito ndi mphepo yamkuntho ndipo imakonda kukhala 1.5% mpaka 2% pachaka, choncho itchuleni EUR 50 miliyoni mpaka EUR 60 miliyoni.Koma timakonda kupanga mapulogalamu ambiri ochotsera mtengo omwe amathetsa kukwera kwa mitengo kumeneko.Koma chifukwa cha zotsatira zabwino m'zaka zapitazi, monga mukudziwa, takhala tikuchita nawo phindu m'madera monga France komanso, Mexico ndi Europe.Kotero kaya ndi kuchotsera kwathunthu kapena ayi, tidzawona mu nthawi.

Ndikuganiza kuti tikuwonabe chipwirikiti pazinthu monga ndalama zogawa mwina kukhala ma EUR 15 miliyoni ndi ma EUR 20 miliyoni.Ndikuganiza tikapitilira bizinesi yathu yayikulu, kukhala ngati mapepala osawoneka bwino, amawatcha, thumba, MG, mapepala amtunduwu, ndikuganiza kuti titha kuwona kukoka '20 kupitilira' 19 kwinakwake 10 mpaka 15. Mphamvu mwina kukhala tailwind pamene ife kudutsa chaka, Justin, koma ndi molawirira kwambiri kuzitcha izo komabe, kotero mwina mtundu wa lathyathyathya kuti pang'ono tailwind monga ife ngati kukhala pano lero.Ndipo kupitirira apo, sindingaganizire za madalaivala okwera mtengo omwe ine ...

Funso langa lotsatira -- chabwino.M'mbuyomu, mwachiwonekere bizinesi yaying'ono chaka chimodzi kapena ziwiri zapitazo, mudalankhulapo kuti mwina 1% iliyonse ya bokosi ili ngati EUR 17 miliyoni, EUR 18 miliyoni ya EBITDA ndi 1% yamitengo yamabokosi kukhala pafupifupi EUR 45 miliyoni, EUR 48. miliyoni EBITDA.Ndikungodziwa zabizinesiyo, ikupitilira kukula.Mwachita bwino.Mwina, kodi manambala amenewo ndi ati masiku ano?

Ndikuganiza, inde, nthawi zambiri 1% ndi EUR 15 miliyoni mu voliyumu, 1% ndi EUR 45 miliyoni pamabokosi.Ndikuganiza ndi kuwonjezeka kwa mitengo ya bokosi chaka chatha, zaka 1.5, ndikuganiza kuti munganene kuti, 1% pamitengo ya bokosi mwina ndi EUR 45 miliyoni mpaka EUR 50 miliyoni potengera kuchuluka.Ndipo mofanana pa voliyumu, kupatsidwa, kachiwiri, kukula ndi kukula kwa bizinesi, mwinamwake muli EUR 15 miliyoni, ndipo mwinamwake yapita ku EUR 15 miliyoni kufika ku EUR 17 miliyoni ponena za voliyumu.

Funso limodzi lomaliza la Tony pa Better Planet.Inde, ndikuyamikira kuti tili koyambirira kwa izi, ndipo mukudziwa mwana wanu ndipo wogula aliyense wazaka chikwi mwina ndiye amachititsa izi monga china chilichonse.Koma mungatipatsenso lingaliro la - kachiwiri, funso lodziwika bwino, mu 2019, la kukula kwa voliyumu ya 1.5%, ndi chithandizo chanji chomwe chinali kuchokera ku pulasitiki m'malo mwake ndikuyika malata?Ndiyeno pamene tikuganizira zopita mtsogolo, ndikuyamikira kuti chiwerengero chikhala chokulirapo pachaka pazaka 5 zikubwerazi, koma kodi mungatipatse lingaliro la kukula kwa mwayi womwe uli mtsogolo?

Ndizofunikira kwambiri - ndikutanthauza, ndinganene kuti zikhala zochepa kwambiri mu 2019. Ndikutanthauza, mwachitsanzo, tidayambitsa ndi kasitomala wapakatikati wa Belgian yemwe tidakonza mu 2018, adatenga makinawo ndipo adawapanga. akungoyambitsanso malonda awo, tinene, kotala lapitali.Kotero izo zinali kwenikweni -- ndikufuna kuti ndisakhale wochepa, ndikufuna kukhala kunja kwa mapulasitiki akale.Ndikufuna kungokhala mumapaketi otengera mapepala.Ndipo zinatenga miyezi 18 kuti apite kuyambira pachiyambi mpaka kumapeto.Ndipo timayiyika pa intaneti, kotero ndi chinthu chapagulu.Ndi ntchito yayikulu yochita nawo.Koma kusintha mizere yonyamula katundu ndi mizere yodzaza kumatenga nthawi yayitali.Choncho n'zosatheka kuwerengera zonse.Umboni wokhawo womwe titha kuwona ndikuti tikugwira ntchito zochulukirachulukira padziko lonse lapansi, ndipo zikhala -- ndi chiwongolero chachikulu kwambiri kwa ife pamene tikuyang'ana zaka zikubwerazi. .Ndipo zomwe ndidakuuzani zamitundu yambiri ndi -- ngati izi zikugwira ntchito, ndiye kuti ndi zochuluka kwambiri - osati kuchuluka kwa TopClips kokha koma ndi pepala lalikulu.Inu mukuyankhula mu mabiliyoni ambiri.Kotero mwachiwonekere, tiyenera kuziwona izo zikugwira ntchito.Koma ndikutanthauza, mtengo wake - mtengo wachibale, ndiokwera mtengo kwambiri pazodzaza kuposa zomwe akugwiritsa ntchito pano.Koma kupitilira - ndikutanthauza, tili ndi tcheyamani yemwe ali pamalowo, ndipo anganene kuti ndi mtengo womwe wogula angasangalale kulipira.Ndi -- ndikudziwa chiponde, [ndikutanthauza, kwa iwo], masenti pa -- osati ngakhale masenti pa peresenti ya masenti.Kotero palibe chomwe chingatheke.

Mafunso angapo okha apa.Pankhani ya ndondomeko ya ndalama zapakati, mudatchula phindu la EUR 50 miliyoni mu 2020. Kodi mungalankhule pang'ono za zomwe zikuchitika kumeneko?Nchiyani chikuyendetsa izo?

Mikael, ndikuganiza kuti ndizosatheka kuzigawa kukhala ma projekiti apaokha kapena magawano, chifukwa pamapeto pake, ngati mukukumbukira, inali mbiri yamabizinesi ambiri pamapepala komanso magawo amalata.Koma ndikuganiza kuti ndizoyenera kunena kuti EUR 50 miliyoni idayendetsedwa ndikuchita bwino komanso kuchuluka kwamagetsi pamapepala.Zakhala zikuyendetsedwa ndi ndalama zatsopano komanso kukula ndi kusiyanasiyana, zatsopano zamabokosi, komanso, ndi ma projekiti ochotsa mtengo.Chifukwa chake pamasamba 370, EUR 50 miliyoni yaperekedwa ndi ena kapena onse pang'ono.Ndizovuta kwambiri kuziphwanya mu zidebe zazikulu kuposa izo.

Ndiyeno funso lomaliza chabe ku Latin America, mwachiwonekere, malo ogulitsa kumeneko pakali pano ponena za kufunikira ndi mitengo ndi kukwera kwa mitengo.

Inde, Mikael, ndikuganiza ndi - muyenera kuyang'ana mayiko onse mosiyana chifukwa ndi osiyana.Ndikutanthauza kuti tikuwona, monga tidanenera m'mawu atolankhani, kukula kwamphamvu kwambiri ku Colombia chaka chatha, ndipo kwapitilira mwezi wa Januware.Mexico sinakule monga momwe timayembekezera ndipo izi zapitilira mu Januware.Sikuti chuma chikuyenda bwino.Bizinesi yaku North America, yomwe ndi yaying'ono kwa ife, ikuyenda bwino.Ndizovomerezeka.

Ndipo chimodzi mwazosangalatsa ndichakuti komwe tidakhala ndi zovuta ku Brazil ndi Argentina ndi Chile pamalingaliro ofunikira m'miyezi 9 yoyambirira ya chaka chatha, zomwe zidasintha m'mwezi -- m'gawo lomaliza ndikupitilirabe. Januware, pomwe tawona kuchuluka kwambiri kuposa momwe timayembekezera m'maiko atatuwa.Ndipo ndikuganiza kuti malo amitengo ndi abwino kulikonse.Ndikutanthauza kuti palibe -- tili ndi ndalama zolowera m'maiko ena ndipo tili ndi zolowa m'maiko ena.Chifukwa chake ndikuganiza pozungulira, ndikuganiza kuti zikuyenda bwino.Ndipo ndithudi, tinayamba chaka bwino mu izo - pafupifupi maiko onse ku America.

Chabwino.Ndikuganiza kuti tamaliza mafunso ndipo tikumaliza pa nthawi yake.Kwa onse omwe ali pamzerewu, ndinganene zikomo.Ndipo, zowona, kwa inu nonse mchipindachi, ndimayamika kwambiri kupezeka kwanu.Ndipo m'malo mwa Ken ndi Paul ndi inenso komanso gulu lonse la Smurfit Kappa Group, zikomo chifukwa cha thandizo lanu mu 2019 ndipo tikuyembekezera 2020 ndi chiyembekezo.Zikomo.


Nthawi yotumiza: Feb-12-2020
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