SECOS Group Limited (ASX: SES) Webcast Replay
SECOS Group Limited (ASX: SES) is a leading producer of sustainable packaging materials and one of the 100 best-performing ASX-listed stocks in FY20 and FY21.
As a part of our ‘The Insiders: Meet the CEOs’ series, Executive Chairman Richard Tegoni, provides valuable insights to the company, its key markets and industry, and future prospects.
Recorded on 22nd June 2022 at 12pm (AEST).
FEATURED SPEAKER
Richard Tegoni
Executive Chairman - SECOS Group Limited (ASX: SES)
SECOS Group manufactures biodegradable and compostable plastic products, including resins and films used to create certain types of packaging as well as its own in-house plastic bags. The company’s MyEcoBag was the fastest-growing compostable bag range in Woolworths for 2020-21, comprising over 40% of the supermarket’s total compostable garbage bag sales. SECOS secured its maiden half-year profit in H1 FY21, achieving gross margins of 18.2% and a 129% increase in bioproduct sales against H1 FY20. The company holds a strong patent portfolio and the global trend toward sustainable packaging is fueling SECOS’s growth.