Improved Balance SheetImproved leverage and a healthy equity ratio reduce financial risk, lower interest burden, and increase capacity to fund capex or absorb demand shocks. A stronger balance sheet supports long-term resilience, refinancing flexibility and higher tolerance for cyclicality in packaging cycles.
Rising Free Cash FlowFree cash flow has trended upward and operating cash conversion is strong, enhancing internal funding for working capital, maintenance capex and debt reduction. Reliable cash generation supports sustained operations, investment in efficiency and cushions against cyclical raw-material swings.
Essential Packaging BusinessThe firm's core manufacturing of PP woven sacks for industrial and agricultural uses sits in a structurally stable segment: essential packaging with steady demand. This business model supports predictable baseline volumes and the ability to leverage fixed assets across cycles.