SIG has announced the results of a SIG strategic review 2025, Carried out by its Board of Directors earlier this year. The company says the review confirms its core strengths and outlines how it will sharpen focus on the businesses with the highest growth and margin potential.
Update on Strategic Direction
SIG’s leadership reaffirmed the company’s position as a global leader in sustainable aseptic carton solutions and made clear that expansion into bag-in-box and spouted pouch systems will be a priority going forward. By leveraging its global scale, technology, and deep expertise in packaging, the company aims to extend its aseptic system leadership across these fast-growing formats.
To support this strategy, SIG has launched a transformation program that focuses on three main actions:
Streamlining the portfolio to concentrate on higher-margin, higher-growth aseptic businesses.
Divesting smaller, non-aseptic businesses that are not central to long-term growth.
Boosting efficiency with a performance improvement program designed to step up operational effectiveness.
These initiatives come with non-recurring charges estimated at €310–360 million pre-tax, mostly related to impairments on customer relationships, technologies, and equipment. The company highlighted that about 90% of these charges are non-cash. Between €75–100 million are expected to directly affect adjusted EBITDA and adjusted net income.
2025 Full-Year Guidance and Dividend
Market conditions remain challenging, and the transformation program will weigh on short-term growth. SIG now expects slightly negative to flat revenue growth for 2025 at constant currency and constant resin. This compares with its previous forecast of growth at the lower end of a 3–5% range.
Adjusted EBITDA margin, excluding non-recurring charges, is now expected to land between 24.0% and 24.5%, down from the earlier guidance of 24.5%–25.5%. With the charges included, the margin is likely to be around 21%.
In light of the focus on capital discipline and debt reduction, SIG’s Board of Directors has proposed to pause the cash dividend for 2025. The company emphasized that reducing leverage and reinforcing its balance sheet are priorities while it invests in the transformation program.
Investor Update Meeting
Investors will get more details soon. After publishing its Q3 trading update on October 28, SIG will host an Investor Update Meeting in Zurich on October 30, 2025. Chair Ola Rollén and the management team will outline the company’s strategy, capital allocation priorities, and provide updated mid-term guidance.
With this latest review, SIG is signaling a clear intent: double down on the businesses where it leads, exit lower-value segments, and strengthen the financial foundation. By narrowing focus and investing in aseptic technologies across cartons, bag-in-box, and spouted pouches, the company is positioning itself for sustainable growth in a rapidly evolving global packaging market.
