Declining Free Cash FlowA sharp drop in free cash flow reduces internal funding available for growth, debt reduction, or shareholder returns. If persistent, this constrains strategic flexibility, forces tougher capex prioritization, and could necessitate external financing during downturns, weakening the balance of durable financial options.
Revenue Growth VolatilityNegative multi-period revenue growth metrics indicate demand variability and create uncertainty for sustainable scale. Volatile top-line trends limit predictable margin improvement and investment planning, making it harder to rely on organic growth to drive long-term profitability or absorb fixed costs in the packaging market.
Moderate Operating MarginsModest EBIT and EBITDA margins constrain cash available for reinvestment and returns compared with higher-margin peers. Structural competitive pressures in packaging and limited margin cushion mean any raw material cost inflation or pricing pressure could materially compress earnings and slow durable profit expansion.