Wildpack expect $75m to $85m revenue in 2022
Wildpack Beverage Inc announced key guidance for the fiscal year 2022 and the appointment of Kim Murray to its Board of Directors.
Wildpack expect to meet the following key metrics in FY 2022:
- Revenue: USD$75M to $85M
- Aluminium Can Throughput: 300 million
In a press release, Wildpack said it has not factored in any acquisitions and/or new builds into its FY 2022 guidance. The guidance is solely modelled from the continued scaling of the company’s existing 6 operating facilities in accordance with Wildpack’s strategic business plan.
Wildpack continues to work through its robust acquisition pipeline and build on its industry database, targeting to increase its operations from six to 12 facilities in 2022.
Due to timing uncertainty during the year regarding acquisitions or additional builds, Wildpack will revise its FY 2022 guidance upon addition of new facilities, as it ramps up to 12 operating locations in 2022.
Wildpack intends to provide an update on monthly aluminium can throughput following the close of each calendar month. This update will be released by the 15th of each month, starting in February 2022.
Mitch Barnard, CEO, said: “In 2021, we positioned Wildpack for a 2022 where we control our own destiny. We funded and built capacity that when fully utilised will return exceptional year-over-year revenue growth.
“Execution is now the primary variable influencing our success. The team we have put together has the drive, technical knowledge, experience, and entrepreneurial spirit to achieve our goals. Our team’s talent and commitment are the key ingredients for execution success in 2022″.
Kim Murray has been appointed as a Board Director at Wildpack effective December 15, 2021.
Jeffrey Mason Chair of Wildpack said, “We are extremely excited to have the entire employee team of Land and Sea join The Pack, and importantly already see both Kim and Tim Murray take an active role as we seamlessly transitioned since our transaction in November 2021.
“The combined businesses are proving, as planned, to be complementary by synergistically broadening our verticals across containers, cartons, decorating, filling, packaging, and full-service supply chain functions.
“The cultural fit and the strong skilled employee team along with a customer-centric approach is boding well to accomplish Wildpack’s 2022 goals and drive forward on our longer-range strategic business plan.”