Ziegler Papier: Sustained growth with declining earnings
Ziegler Papier was able to increase its sales by over 8.5 percent to 127 million Swiss francs in the 2008 financial year. The number of employees remained stable at 182.
Ziegler Papier was able to increase its sales by over 8.5 percent to 127 million Swiss francs in the 2008 financial year. Cash flow was less than ten percent of sales, and around three million francs were invested. The number of employees remained stable at 182.
The Swiss market remains important for the company. Around 40 percent of the 72,500 tons of paper (2007: 70,000 tons) were sold in Switzerland. The market position in Europe was further expanded. Exports were mainly to the EU area, with a focus on Germany, England, the Netherlands, Austria and Italy.
The Grellingen-based paper mill writes in a press release that business in Asia and the USA has been scaled back due to currency effects. High energy and raw material costs and the strong Swiss franc had a negative impact on earnings. The manufacturer of inject papers for transactional documents expects a positive earnings trend in 2009 as well as a decline in incoming orders as a result of the economic crisis. The focus will be on new products in the inject area and in the silicone coatings segment.
The Swiss market remains important for the company. Around 40 percent of the 72,500 tons of paper (2007: 70,000 tons) were sold in Switzerland. The market position in Europe was further expanded. Exports were mainly to the EU area, with a focus on Germany, England, the Netherlands, Austria and Italy.
The Grellingen-based paper mill writes in a press release that business in Asia and the USA has been scaled back due to currency effects. High energy and raw material costs and the strong Swiss franc had a negative impact on earnings. The manufacturer of inject papers for transactional documents expects a positive earnings trend in 2009 as well as a decline in incoming orders as a result of the economic crisis. The focus will be on new products in the inject area and in the silicone coatings segment.
