“The combination of strong competition and soft economies in many markets around the globe created a tough business environment for Tetra Pak last year,” said Tetra Pak president and CEO, Dennis Jönsson. “But despite this, we achieved growth in all areas of our business, with particularly strong performances in processing solutions, capital equipment and technical service.”
The company’s packaging solutions business reported net sales for the year of €9.6bn, with packaging material volumes rising 3% compared with 2012, as the company delivered more than 178 billion packs to customers worldwide.
Sales within processing solutions reached €1.5bn in 2013, up 16% year-on-year, with solid growth in all markets. Excluding acquisitions, growth was 13%, reflecting a healthy increase in technical sales and service, which climbed 15% year-on-year, and solid gains in new equipment sales to the beverage and prepared food categories, up 19% and 15% respectively.
“The combined success of our packaging solutions and processing business is a reflection of our ability to provide customers with solutions to ensure they can capitalise on new market opportunities and manage the challenges within their own markets,” said Jönsson. “In 2014, we will continue to build on this growth, focusing on delivering value to customers and ensure we remain a vital partner to them.”
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