Transcript
(Mark Burgess, President and CEO of Mauser Packaging Solutions):
Dear Team,
As we approach the end of this year, I want to take a moment to reflect on our 2024 journey and share some thoughts about where we stand and where we are headed.
This year has been challenging for our company, as it has been over the last several years. We faced numerous obstacles that tested our resilience and adaptability. Despite our best efforts, we will likely not achieve the financial targets we set at the beginning of the year. That being said, we accomplished so much. Our safety record was the best in the history of Mauser. We made four acquisitions in the year, two of which were outside of the US. We grew our unit volumes by more than 2% as a total company. And our EIP and CI efforts continue to drive improvement in the business and show your continued engagement in making Mauser successful.
I want to thank each one of you for your commitment and efforts. We have faced unprecedented market conditions, the effort and perseverance shown by our team have been remarkable.
Every challenge presents an opportunity to learn and grow. This year has taught us valuable lessons about our strengths and areas where we need to improve. Our focus moving forward will be on enhancing our operational efficiency, innovating our product offerings, and strengthening our customer relationships.
As we move into the new year, I remain optimistic about 2025. We have a solid foundation and a talented team capable of achieving great things. Our leadership team is fully committed to supporting you. We will provide the necessary resources and guidance to help you navigate through 2025. Your feedback and insights are invaluable, and we encourage open communication as we work together to succeed this year.
In closing, I want to reiterate my gratitude for your hard work, commitment, perseverance, and dedication. Let us take the lessons we have learned this year and use them to build a stronger, more resilient company.
Wishing you and your families a happy and healthy holiday season.