Ranpak 3Q22 Earnings Presentation November 2022

Ranpak's third quarter 2022 earnings presentation reviewing business performance impacted by lower e-commerce activity and elevated input costs. The company reports net revenue declined 12% on a constant currency basis with gross margins compressed by 7.5 percentage points due to material cost headwinds and lower volumes, while executing cost reduction measures including headcount reductions and discretionary spending cuts.