Faller Packaging can look back on a successful fiscal year 2021 despite the ongoing Corona pandemic and turbulence on the raw materials market. The specialist for pharmaceutical secondary packaging was able to increase its sales by 3.3 percent to 147.8 million euros.
In order to provide the public with a comprehensive insight into the activities and changes at Faller Packaging, the company produces a sustainability report every year — and this was also the case for 2021. Entitled “Turning crises into opportunities, for people and the environment.”, it highlights the current economic, environmental and social aspects of the specialist for pharmaceutical secondary packaging.
In addition to the inconveniences of the Covid pandemic, economic challenges also arose in 2021: Shortages of raw materials and exorbitant price increases for materials and energy made themselves felt from the middle of the year. Nevertheless, the manufacturer took advantage of its opportunities and looks back on a successful year: “Sales at our German sites increased slightly,” explains Chief Executive Officer Dr. Daniel Keesman with satisfaction. “Our international subsidiaries in Denmark, Poland and Hungary are recording sales increases, some of them strong.” In concrete terms, this means that Faller Packaging was able to increase its sales again — by 3.3 percent to now 147.8 million euros.
Faller Packaging again invested heavily in the further development of its sites in 2021. A total of 7.8 million euros — corresponding to an investment ratio of 5.3 percent — went mainly into the expansion of automation and digitization. The company’s equity ratio was once again above average in 2021.
CO2 neutrality and social change
Faller Packaging also continues to be on the right track ecologically. The company continued to work on its energy and raw material consumption and took the issue of sustainability into even sharper focus. “That’s why we became a partner in the ‘Zielgerade 2030’ project — the joint project of the South Baden Chamber of Industry and Commerce and the Freiburg Energy Agency — and have set ourselves the goal of operating in a CO2-neutral manner from the year 2030,” explains managing partner Dr. Michael Faller.
For Faller Packaging, sustainability also means assuming social responsibility. This benefits the company’s own employees as well as the region in which the company is rooted. Despite the ongoing Corona pandemic, Faller Packaging was able to expand its workforce, so that 1,325 people now work at its sites in Germany and Europe. The increase in the number of women in management positions is also encouraging. On the one hand, the number of female specialists, i.e. employees with extended skills, has increased significantly from 6.8 to 18.9 percent. On the other hand, Faller Packaging has increased the proportion of women on the Executive Committee to almost 30 percent through the addition of new members.
140 years of Faller Packaging
The positive fiscal year is not the only reason to celebrate: Faller Packaging will also be celebrating its 140th company anniversary on May 1, 2022. It all began in 1882, when August Faller founded the “Graphische Kunstanstalt”, a lithographic printing company in Waldkirch that produced business stationery, postcards and labels. Times of steady growth followed, but also numerous ups and downs. “Major challenges were certainly the two world wars, each of which meant a new start forced from outside,” Dr. Faller cites as an example. “Many employees killed in the wars and sales markets that had collapsed demanded a will to rebuild and a new direction.”
One of the most important strategic decisions in the company’s recent history was made 30 years ago: Faller Packaging withdrew from all other areas at that time and focused exclusively on the pharmaceutical market. As quickly became apparent, this was the right course of action: today Faller Packaging is one of the leading manufacturers of pharmaceutical packaging with seven sites in Europe.
“For 140 years now, the company August Faller GmbH & Co. KG has always been owned by the founding family as well, and for more than 100 years it has always been managed by a managing director of the family and an external managing director. It is an honor and an obligation for me, together with Dr. Michael Faller, to lead the international group Faller Packaging for 15 years and to ensure that we can continue to develop successfully. This long company history testifies across all generations to great will, the right attitude, many good decisions and pronounced resilience in existential crises.”
- Dr. Daniel Keesman, Chief Executive Officer