Feldmuehle GmbH successfully completed the restructuring process, that began in 2018, in January 2020.
In addition to various structural process improvements, the extensive restructuring measures have also significantly strengthened Feldmuehle's financial resilience to external unplanned incidents.
The company result in 2020 has been above plan in all planning references - especially in terms of operating result and cash flow - since the beginning of the year despite the effects of the Covid 19 pandemic. During the restructuring phase Feldmuehle GmbH was led by the Managing
Directors Heiner Kayser and Steffen Liebich. In August 2020, the company's shareholders appointed Bernd Weber to the Management with sole power of representation. As the company's Chief Financial Officer (CFO), Bernd Weber is responsible for Accounting, IT, Human Resources and Treasury.
The Management of Feldmuehle GmbH expects latent consolidation pressure in the market medium and long termed with simultaneously increasing pressure to innovate on the product side and has aligned its strategic business planning accordingly.
By appointing Bernd Weber to the Management, the Management's ability to act and communication with our financial partners will be significantly strengthened. Feldmuehle GmbH in Uetersen is one of the leading manufacturers of label and flexible packaging papers.
