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Risk Factors Update Summary
- The carrying value of our goodwill increased from $1,693 million to $1,953 million, impacting financial assessments.
- The ongoing conflict between Russia and Ukraine has amplified trade barriers, negatively impacting operations.
- The European Union's new Packaging & Packaging Waste Regulation may increase prices for post-consumer resin, affecting costs.
- We anticipate compliance with the EU Corporate Sustainability Reporting Directive will require substantial effort and resources.
- Approximately 38% of our employees are represented by labor unions, impacting labor relations and operational flexibility.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=43920&owner=exclude
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