Gerresheimer has confirmed guidance for its financial year 2022 after another quarter of strong and profitable growth. Revenue rose organically by 17.4% in the third quarter, reflecting strong customer demand, leading market positions and the ongoing success of its High Value Solutions.

"Gerresheimer continues on its profitable growth path across all our divisions, business segments and regions reflecting our strong market positions. While steering successfully through a challenging environment, we are consistently pursuing our growth strategy and are boosting our transformation process to become a solution provider and system integrator”, said Dietmar Siemssen, CEO. “We are on track to deliver on our financial year 2022 guidance, and we are clearly committed to our mid-term targets.”

Gerresheimer has been implementing a broad range of measures to manage inflationary impacts and to ensure continuity of the supply of its system relevant solutions and services. It has long-term energy supply agreements in place which offer a very competitive cost position. The company also continues to improve its energy mix through the consistent implementation of its sustainability strategy.

The Primary Packaging Glass Division accelerated its organic growth with an increase of 24.5%. This excellent performance was driven by the continued strong demand for Gx RTF Vials and Gx Elite Glass as well as sustainable price increases. Global growth will continue through: the government backed investment in additional vial-production capacity in the United States; and an initiative to implement a new industry standard for high-end Ready-To-Fill (RTF) vials.

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