The company’s Packaging Solutions businesses achieved net sales of €9.87 for the year, 4.2% higher (comparable terms) than in 2011, with solid growth in South & Southeast Asia, Central & South America, North America, East Europe and Central Asia, and double-digit growth in the Middle East and Sub-Sahara Africa.
Sales from Processing Solutions reached €1.29bn, growing 5.2% year-on-year (comparable terms), with double-digit growth in North Europe, South & Southeast Asia, Central & South America and Sub-Sahara Africa.
“The economic situation is still tough, with growth slower than before, particularly in China and Brazil, our fastest growing economies,” said Tetra Pak president and CEO, Dennis Jönsson. “We have had to make some tough decisions over the past year to enable us to continue to invest in the development of new products, services and facilities that will enable our customers, retailers and suppliers to thrive in the years to come.”
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