CANPACK Group reported stronger sales and rising beverage can volumes in the third quarter of 2025, though profits declined amid higher operating costs and increased investment activity.

The global aluminium packaging manufacturer said beverage can body volumes rose 3% in the quarter and 2% over the first nine months of the year, driven by growth in the U.S. and India. European volumes slipped, partly offsetting those gains.

Net sales climbed 9% for both the quarter and the year to date, reflecting higher aluminium prices passed through to customers and increased demand. However, adjusted EBITDA fell to $151 million in the quarter from $160 million a year earlier, and to $433 million for the nine-month period, down from $469 million. 

CANPACK cited rising labor and conversion costs, additional logistics spending to support growth in India, and lower selling prices tied to contractual inflation adjustments.

Capital expenditures jumped to $47 million in the quarter and $155 million year to date, as the company continued to invest in capacity expansion and maintenance. Free cash flow swung to a $71 million outflow in the quarter, compared with a $151 million inflow a year earlier, though it improved to a $121 million inflow over the first nine months.

Chief Executive Officer, Marius Croitoru, Commented: “In Q3 2025, CANPACK showed resilience in a dynamic market. 

“We achieved strong growth in the U.S. and India, while in Europe we continued to operate at full capacity reinforcing the strength of our global footprint. 

“Our teams remain focused on delivering for customers and driving operational excellence. As we already communicated we will continue investing in strategic markets such as Europe, India, Brazil and Colombia, while keeping efficiency and sustainability at the core of our approach. 

“I would like to thank our employees for their hard work and commitment as we shape CANPACK’s future together.”