Annual and Sustainability Report 2022

Annual and Sustainability Report 2022

Now more than ever

In a world filled with uncertainty and constant change, how does Greiner navigate times of crisis?
With determination.

We are confident in the steps we’ve taken regarding key issues like decarbonization, the circular economy and making our internal structures more flexible, and will continue to implement them in the future. We believe we can proactively shape the future and stand united in our commitment. Now more than ever.

Read the entire report

Now more than ever

NowMORE THAN EVER, RESPONSIBILITY FOR THE CLIMATE LIES WITH US.

This decade will determine the course of the fight against climate change, and immediate action is crucial. Greiner is committed to achieving climate neutrality by 2030 and has signed up to the Science Based Targets initiative. We are integrating sustainability into the core of Greiner’s DNA.

COMMITTED TO CLIMATE ACTION.

NowMORE THAN EVER, OUR PEOPLE HOLD TREMENDOUS POTENTIAL.

We are putting more flexible working structures in place, fostering personal responsibility, increased freedom to make decisions, and a healthy work-life balance. This approach strengthens our employees’ connection with the Group.

COMMITTED TO OUR PEOPLE.

NowMORE THAN EVER, THE CIRCULAR ECONOMY HAS A CRUCIAL ROLE TO PLAY.

Recycling and reusing materials are essential to future-proofing our business model. Greiner’s acquisition of its first ever recycling plant marks a significant stride toward a sustainable circular economy.

COMMITTED TO A CIRCULAR ECONOMY.

NowMORE THAN EVER, INNOVATION IS THE GAME CHANGER.

Genuine transformation requires bold ideas that push boundaries. Greiner Innoventures monitors trends and actively seeks out and researches groundbreaking ideas and promising technologies. Our innovation hub also invests in domestic start-ups like MATR, Hempstatic, and Liquibot.

COMMITTED TO INNOVATION.

Committed to...
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2022 key figures financials

2,331

2,331

million euros

+2.5%

Sales revenue, consolidated

Actual figures in million euros,
joint ventures pro rata.

194

194

million euros

-16.7%

Cash flow

Actual figures in million euros,
joint ventures pro rata.

169

169

million euros

+3%

Investments

Actual figures in million euros,
joint ventures pro rata.

11,626

11,626

headcount

+5.5%

Employees

Headcount (excl. leased personnel).

0.20

0.20

million euros

-2.9%

Sales revenue per employee

Actual figures in million euros or headcount (excl. leased personnel),
joint ventures pro rata.

CEO Axel Kühner, CFO Hannes Moser and COO Manfred Stanek (photo)

CFO Hannes Moser, CEO Axel Kühner and COO Manfred Stanek

In this interview,

the members of Greiner AG’s Executive Board reflect on a year of extremes and uncertainties. The abundance of challenges they face has only provided further motivation to stay the course and continue the process of transforming the company.

Read the interview in the PDF

Development of the divisions

A blonde woman is standing in front of a freezer in the supermarket. (photo)
A young woman with brown hair is relaxing on a sofa. (photo)
A man with dark hair works in a laboratory and is looking at a tablet. (photo)
A blonde woman is standing in front of a freezer in the supermarket. (photo)

Do the
innovation

A blonde woman is standing in front of a freezer in the supermarket. (photo)

Greiner Packaging boasts more than 60 years of experience in developing and manufacturing stable plastic packaging. It uses a host of production, decoration and barrier technologies to produce packaging solutions for a wide range of food and non-food markets. The company serves its customers through its two business units – Packaging and Assistec. The business unit focuses on sustainability as part of its product development process. Greiner Packaging supplies customers around the world with innovative and sustainable packaging solutions through its highly motivated global teams.

“My goal is to keep us on course for growth and to improve Greiner Packaging’s strong position as a sustainable global player.“

Beatrix Praeceptor

CEO of Greiner Packaging International GmbH
(since May 2023)

Greiner Packaging achieved record sales revenue of 909 million euros in the past fiscal year. This is an increase of 17.7 percent compared to 2021. However, this change was primarily due to price increases, which the division was forced to implement rather than increased order volumes. Greiner Packaging was forced to negotiate prices with customers at the beginning of 2022 due to material shortages and rising energy and labor costs. The prices of packaging products based on cardboard went up by a particularly significant amount. Prices and availability stabilized as the situation eased for a number of product groups over the second half of 2022.

Sales revenue in 2022

909

909

million euros

+17.7%

A young woman with brown hair is relaxing on a sofa. (photo)

The Future
of Foam

A young woman with brown hair is relaxing on a sofa. (photo)

NEVEON is a leading integrated provider of polyurethane soft and composite foams. Its core business is the production of around 300 standard and specialty foams and using them to create semi-finished or finished products. NEVEON’s foam solutions provide comfort, safety and improved energy efficiency. NEVEON operates in 17 countries and serves different markets through its Living & Care, Mobility and Specialties business units.

Innovation will center on chemical and mechanical recycling, two fields in which NEVEON has aspirations to become a market leader.“

Jürgen Kleinrath

CEO of NEVEON Holding GmbH

2022 was a mixed year for NEVEON. The division company generated 732 million euros in sales revenue, a downturn of 0.3 percent year-over-year. Conditions were already challenging in February 2022 when Russia launched its war of aggression in Ukraine, leading to interrupted supply chains and a shortage of materials. Costs for materials, energy and logistics shot up, further exacerbated by inflation. Despite these challenges, NEVEON was able to hold its own.

SALES REVENUE in 2022

732

732

million euros

–0.3%

A man with dark hair works in a laboratory and is looking at a tablet. (photo)

Making a
difference

A man with dark hair works in a laboratory and is looking at a tablet. (photo)

Greiner Bio-One is a global leader in high-quality plastic products for in-vitro diagnostics, biotechnology and the diagnostic and pharmaceutical industries. Its extensive portfolio is sold in more than 100 countries. Greiner Bio-One uses cutting edge technologies as the basis for excellence in fundamental research, pharmaceutical drug discovery, pre-analytics and diagnostics. The company has three business units: Preanalytics, BioScience and Mediscan.

“The new opportunities offered by digitalization are a significant driver of new developments in the healthcare sector and elsewhere.”

Rainer Perneker

CEO Greiner Bio-One International GmbH

Greiner Bio-One achieved 693 million euros in sales revenue, a figure that was higher than expected. This corresponds to a small increase of 0.4 percent compared to the previous year. The previous year was heavily influenced by a high level of demand for VACUETTE® virus stabilization tubes (VST). As expected, the COVID-19 pandemic subsided after the first quarter of 2022 as demand for virus stabilization tubes went down significantly. Demand for our standard products remained high.

Sales Revenue in 2022

693

693

million euros

–0.4%