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Annual and Sustainability Report 2023

Nothing beats Ambition

Our ambition is clearly defined: We strive to create value. Our goal is to tirelessly drive our transformation into a circular, sustainable global player.

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Greiner is a long-standing family business and a global player with growth ambitions. We stick to our (sustainability) goals even when times are tough. Our drive and team spirit are what open up new opportunities and help us grow together. One thing is certain: Nothing beats strategy, innovation, the circular economy, climate protection or our employees.

Annual and Sustainability Report 2023

NOTHING BEATS AMBITION

NOTHING BEATS STRATEGY
NOTHING BEATS STRATEGY
It is up to us to drive our transformation. We have all the tools we need. Nothing beats having the right strategy.
NOTHING BEATS EMPOWERING PEOPLE
NOTHING BEATS EMPOWERING PEOPLE
Our employees are what make us. The entire team is facing the challenges ahead with drive, daring, and dedication.
NOTHING BEATS INNOVATION
NOTHING BEATS INNOVATION
Innovation is the lifeblood of a company and the key to its long-term survival. We rethink our products to be new, different, more sustainable.
NOTHING BEATS CIRCULARITY
NOTHING BEATS CIRCULARITY
We have to think in loops. This begins with the design of the products and ends with their disposal. We rely on recycling to close the loop.
NOTHING BEATS CLIMATE ACTION
NOTHING BEATS CLIMATE ACTION
It’s five minutes to midnight. We all know that. We are serious about climate protection. We have science-based targets to reduce our emissions.

2023 in figures - Financials

We have had a turbulent economic year. But we are optimistic about the future. We face major challenges that we are tackling boldly, flexibly, and vigorously.

Key figures 2023
2,119
million euros
2,331 million euros (in 2022)
Sales revenue, consolidated
Joint ventures pro rata, including Greiner Perfoam
119
million euros
194 million euros (in 2022)
Cash flow
Joint ventures pro rata, including Greiner Perfoam
138
million euros
169 million euros (in 2022)
Investments
6.5% of total sales revenue
10,544
headcount
11,626 headcount (in 2022)
Employees
Reporting date 12/31/2023, excl. leasing personnel and excl. Greiner Perfoam
0.20
million euros
0.20 million euros (in 2022)
Sales revenue per employee
Joint ventures pro rata, employees excl. leasing personnel and excl. Greiner Perfoam
Executive board Greiner AG 2024
Interview with the Executive Board
“It was a year of upheaval”

The 2023 financial year was characterized by declining sales and personnel changes. In this interview, the Executive Board explains why the year was particularly challenging and how the new Group strategy has set the right course for the future.

Development of the divisions

Expert for innovative & sustainable plastic packaging
Expert for innovative & sustainable plastic packaging
Expert in foam solutions for polyurethane flexible and composite foams
Expert in foam solutions for polyurethane flexible and composite foams
High-quality products for medical and laboratory applications
High-quality products for medical and laboratory applications
Greiner Packaging

Do the innovation

Key figures 2023
845 million euros
Sales revenue
4,892
Employees
30
Locations

Greiner Packaging boasts more than 60 years of experience in developing and manufacturing stable plastic packaging and technical parts. It uses a host of production, decoration, and barrier technologies. The company serves its customers through its two business units – Packaging and Assistec. The business unit focuses on sustainability as part of its product development process. Greiner Packaging supplies customers around the world with innovative and sustainable packaging solutions and plastic products through its highly motivated global teams.

Beatrix Praeceptor, CEO Greiner Packaging
Nothing beats Ambition
Beatrix Praeceptor
CEO of Greiner Packaging

“As a global company in the packaging industry, we have the power to actively shape the future – by treating our employees with respect, operating sustainably and making an ambitious contribution to climate protection.”

You can find out more about the development of Greiner Packaging in the annual report

Key figures 2023
641 million euros
Sales revenue
2,800
Employees
55
Locations

NEVEON is a leading integrated provider of polyurethane soft and composite foams. Its core business is the production of around 300 standard and specialty foams and using them to create semi-finished or finished products. NEVEON’s foam solutions provide comfort, safety, and improved energy efficiency. NEVEON operates at 55 sites in 14 countries and serves three strategic market segments – Living & Care, Mobility, and Specialties – through two business units (Living & Care and Mobility & Specialties).

Jürgen Kleinrath, CEO NEVEON
Nothing beats Ambition
Jürgen Kleinrath
CEO of NEVEON

"Our number one goal is to grow healthily and profitably because this is the only way we will be able to realize our long-term vision, create added value, and ultimately have a positive impact on the world."

You can find out more about the development of NEVEON in the annual report

Greiner Bio-One

Making a difference

Key figures 2023
637 million euros
Sales revenue
2,659
Employees
29
Locations

Greiner Bio-One is a global player in high-quality plastic products for in-vitro diagnostics, biotechnology and the diagnostic and pharmaceutical industries. Its extensive portfolio is sold in more than 100 countries worldwide. Greiner Bio-One uses cutting edge technologies as the basis for excellence in fundamental research, pharmaceutical drug discovery, pre-analytics, and diagnostics. The company has three business units: Preanalytics, BioScience, and Mediscan.

Ilke Panzer, CEO von Greiner Bio-One
Nothing beats Ambition
Ilke Panzer
CEO of Greiner Bio-One

"We want to contribute to notable medical successes in the long term and make a real difference for patients and users."

You can find out more about the development of Greiner Bio-One in the annual report

Report 2023

Get all details on the Annual and Sustainability Report 2023 in PDF format.