Global packaging manufacturer CANPACK Group has reported higher sales and growing demand for beverage cans in 2025, but profitability has been squeezed by rising costs and increased investment.

The company said beverage can volumes rose modestly during the year, driven mainly by strong demand in the United States and India, although weaker performance in Europe offset some of that growth.

Net sales increased by around 9% year-on-year, supported by higher aluminium prices passed through to customers and steady volume gains.

However, earnings declined, with adjusted EBITDA falling compared with 2024. The company attributed the drop to higher labour costs, increased aluminium conversion expenses, and additional logistics spending—particularly linked to expansion in India—as well as lower selling prices tied to inflation-related contracts.

Despite the pressure on profits, CANPACK continued to invest heavily in expanding its operations, with capital expenditure rising as it develops capacity in key markets including Europe, India and Latin America.

Chief executive Marius Croitoru said the business had shown “resilience in a dynamic market” and highlighted ongoing investment and efficiency improvements as priorities for the future.

Overall, the results point to steady demand for aluminium packaging, but underline the challenge of maintaining margins amid rising global costs.