SECOS Group Limited (ASX: SES) Webcast Replay
22nd June, 2022
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).
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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.
