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.
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25.08.2014 Vetropack: Revenue up in local currencies – Higher EBIT margin [more...]