CANPACK Group, a global producer of aluminium beverage cans and packaging, has reported higher sales but lower earnings in the first half of 2025, while unveiling plans for a major new facility in Colombia.

For the quarter ending June 30, 2025, net sales rose 10% year-on-year, boosted by higher aluminium prices, while six-month sales were up 9%. Beverage can volumes grew 1% in the first half, with strong demand in the U.S. and India offsetting weaker sales in Europe and Brazil.

Adjusted EBITDA fell to $143 million in the quarter from $175 million a year earlier, pressured by higher labor, logistics, and conversion costs. Capital expenditures nearly doubled to $108 million in the first half as the company invested in expansion and maintenance projects. Free cash flow improved sharply, reaching a $50 million inflow for the first half compared with a $162 million outflow in 2024.

Looking ahead, CANPACK announced a new greenfield plant near Barranquilla, Colombia, with annual production capacity of 1 billion cans, backed by a long-term contract with a strategic customer.

Chief Executive Officer, Marius Croitoru, said: “Despite global uncertainty we are pleased with the first semester’s financial results which are higher than our initial expectation for H1 2025. 

“We are seeing strong performance in India and United States while we are running at full capacity in Europe without interruption since January 2024. While we cannot predict how the balance of 2025 will unfold, we are at this time cautiously optimistic. 

“We continue to thank our world class customer base for their trust in CANPACK as we work hard to delight each of them, and we continue to applaud our employees for their unwavering dedication and exceptional commitment.”