Vetropack in 2014 – Sales and revenue up in local currencies
Bülach, 24 March 2015 – In spite of the challenging economic environment, Vetropack Group increased its sales by 4.5%, while revenue in local currencies was 4.2% up on the previous year. However, consolidated gross revenue was significantly lower (-2.8%) due to negative currency effects. Net liquidity reached an all-time high and all Vetropack plants operated at essentially full capacity. [more...]25.08.2014
Vetropack: Revenue up in local currencies – Higher EBIT margin
Bülach, 25 August 2014 – In the first half of 2014, Vetropack Group achieved sales of 2.36 billion units of glass packaging, up 5.5% on last year. Negative exchange rate effects pushed consolidated revenue down by 1.2% to CHF 311.4 million (an increase of 4.2% after adjustment for currency effects). Lower raw material and energy costs offset the pressure on the market prices. The EBIT margin increased from 9.5% to 10.3% year-on-year.
24.03.2015 Vetropack in 2014 – Sales and revenue up in local currencies [more...]