Records surpassed
Company The Sihl + Eika Group made a profit before interest and taxes of CHF 13.9 million in 2007. 8.2 percent more than in the previous year.
Company In 2007, the Sihl + Eika Group, which includes Sihl + Eika Papier AG and Giger Papier AG, both based in Thalwil, surpassed the record figures achieved in the previous year. The number 2 in the Swiss paper trade increased sales by 3.6 percent to 108 362 tons and net sales by 6 percent to CHF 208.5 million. The operating result (EBIT) of 13.9 million francs exceeded the previous year's result by 8.2 percent. In terms of both volume and value, Sihl + Eika was able to increase its market share from just under 32 percent to 33 percent. The company, which has been wholly owned by Papyrus, Europe's third-largest paper trading group, since spring 2007, is confident about its performance in 2008.
