31/08/2026
Message from the CEO
First, our performance.
Cabka delivered a strong first half of 2026.
Sales increased by 6% year on year to €95.5 million, while Operational EBITDA grew by 50% to €13.6 million. Europe was a major growth driver, with sales up 18%, while Customized Solutions grew by 41%.
But the most important point is not growth alone. We are delivering growth together with higher profitability, stronger cash generation and greater operational discipline. That is the quality of growth we are building at Cabka.
Second, our market.
The packaging industry is at an important turning point.
PPWR is accelerating the shift towards reuse, circularity and resource efficiency across Europe. This is not simply a regulatory change. It is reshaping how packaging is designed, selected, used and managed across entire supply chains.
This creates complexity for our industry, but it also creates opportunity. Cabka’s strength is turning circular ambition into practical solutions that perform in real-world operations.
Third, our customers.
That opportunity starts with staying close to our customers.
Every day, our sales teams listen to their challenges, understand their changing requirements and work with them to develop the right solutions.
Whether it is a new project, a change in the supply chain or an operational problem that needs to be solved, our responsibility is clear: understand quickly, respond decisively and deliver reliably.
That is what partnership means at Cabka.
The direction is clear.
Supply chains are becoming more circular, more efficient and more resilient. Cabka’s role is to make that transition work in practice by delivering solutions that create measurable value for our customers and their operations.
We have made a strong start to 2026. Now we must build on it with the same focus, speed and discipline.
Alenxander Masharov
CEO, Cabka
