Gerresheimer AG Company Profile
Primary Packaging Glass refers to the primary packaging of cosmetics and medicines such as pharma vials, ampoules and injection vials, cartridges and perfume flacons, cream jars, and special containers for food or drinks.
Gerresheimer AG
Manufacturing Industry
- Establishment Year
1864
- Headquarters
Germany
- Key Management
Mr. Dietmar Siemssen (CEO)
- Revenue (US$ Mn)
~ 1,696.3 (2021)
- Headcount
~ 10,000 (2021)
- Website
Business Description
Gerresheimer AG produces and supplies glass and plastic products to the healthcare and pharmaceutical industries. It operates in two segments: Plastic and Devices and Primary Packaging Glass. Plastic and Devices include inhalers, insulin pens, and refillable needle syringes. It also includes diagnostics and medical technology products like skin-prick and test systems and plastic containers for liquid and hard medicines. Primary Packaging Glass refers to the primary packaging of cosmetics and medicines such as pharma vials, ampoules and injection vials, cartridges and perfume flacons, cream jars, and special containers for food or drinks. The company was established in 1864, and its headquarters are in Duesseldorf in Germany.
Key Financials
Revenue (US$ Mn)
- US$ 1,696 Mn was the annual revenue generated by Gerresheimer AG in 2021
- Gerresheimer AG’s annual revenue for 2020 was US$ 1,606 Mn, a -3.03% decrease from 2019
Operating Income(US$ Mn)
- Gerresheimer AG’s operating income for 2021 was US$ 166 Mn, a -6.09% decrease from 2020
- The operating income generated by Gerresheimer AG in 2020 was US$ 177 Mn
Net Income(US$ Mn)
- US$ 99 Mn was Gerresheimer AG’s net income in 2021, a -3.05% decrease from 2020 figures
- Gerresheimer AG indexed a -2.02% decrease in net incomes from 2019, amounting to US$ 102 Mn in 2020
- Gerresheimer AG generated a net income of US$ 104 Mn in 2019
Operating Margin %
- 10% was the operating margin generated by Gerresheimer AG in 2021
- Gerresheimer AG’s operating margin for 2020 was 11%, a -13.39% decrease from 2019
Gross Margin %
- Gerresheimer AG’s gross margin for 2021 was 6%, a -7.94% decrease from 2020
- The gross margin generated by Gerresheimer AG in 2020 was 6%
SWOT Analysis
Strengths
Operating Performance
Strong operating performance helps in enhancing investor confidence and the company’s ability to pursue growth plans. Gerresheimer recorded a strong operating performance in FY2020 during which it recorded revenues of EUR1,418.8 million, with an annual growth of 2.0%, at a CAGR of 0.8% during 2016-2020. Growth in revenue was the result of the positive impact of the deconsolidation of a subsidiary in Argentina and of revenues from a project canceled in FY2019. The company’s operating margin was 11% in FY2020, compared with 8.9% in FY2019. Its return on equity (ROE) was 10% in FY2020, compared with 8.7% in FY2019.
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