What is the biggest challenge Siegwerk will face in 2022? Nicholas Wiedemann: In general, 2022 is undoubtedly a very challenging year, full of uncertainties, which has brought a heavy blow to the development of our industry. From the lingering impact of the COVID-19 pandemic, rising raw material and utility costs, to the war in Ukraine, the economic environment is volatile and outcomes remain unpredictable.
How does Siegwerk meet these challenges and meet performance targets?
Nicholas Wiedemann: Our teams have been working hard to ensure we can continue to serve our customers, make important progress on our sustainability agenda and further expand the company's global footprint. Although we missed our full-year performance targets, we achieved important results. For example, we further strengthened our position in the European packaging market through the successful acquisition and integration of La Sorgente, one of Italy's most important suppliers of flexo inks. In addition, we have won several sustainability awards around the world. From products recognized as the best sustainable innovation, to awards for operational sustainability management, to customers developing award-winning packaging with the help of our solutions – all these recognitions show us that we We are on the right track on the road of sustainable development.
