In the first half of the current fiscal year, Vetropack Group increased sales by 5.5% to 2.36BN units/glass. Negative exchange rate effects pushed consolidated gross revenue down by 1.2% to CHF 311.4M. Adjusted for currency effects, however, this represents an increase of 4.2%. Lower raw material and energy costs were offset by pressure on market prices. The EBIT margin rose from 9.5% in the previous year to 10.3%.
Origin
Unknown
Journal Title
Gmpa 5/2014 80-83
Sector
Container glass
Class
C 5218