25.3% growth, 19.6% margins: The hidden shift inside the world’s largest tube maker
- Posted on August 22, 2026
- By Financial Express
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- 1 min read
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25.3% growth, 19.6% margins: The hidden shift inside the world’s largest tube maker
After years of being known for toothpaste tubes, this company is trying to reinvent itself as a premium beauty packaging company. Beauty and Cosmetics now contributes 40% of tube revenue, while Personal Care & Beyond has risen to 54% of sales. The company has raised its growth outlook, but Europe's profitability and rising working capital remain key monitorables as investors assess whether the transition can translate into stronger long-term earnings.
