Press release

Negative currency effects will reduce the 2008 consolidated income statement

Bülach, 16 December 2008 – As a result of the extreme devaluation of the Ukrainian hryvnia (UAH) against the US dollar, the Vetropack Group has adjusted downwards its expectations for the current 2008 financial year. From today’s perspective, the negative currency effects will reduce consolidated net profits for 2008 in the range of CHF 30 million. [more...] 29.08.2008

Vetropack: Strong Growth Continues

Bulach, 29th August 2008 – During the first half of 2008, Vetropack Group generated consolidated gross revenues of CHF 380.1 million, thereby surpassing year's figure of CHF 346.1 million by 9.8%.  Consolidated EBIT was CHF 61 million year on year (2007: CHF 58.5 million).  Consolidated half-year profit increased by 16.9% year on year to CHF 51.3 million (2007: CHF 43.9 million).  The cash flow margin was 21.7% year on year (2007: 23.0%). [more...]