Record result
Company Vetropack Group recorded excellent revenue and earnings growth in the 2007 fiscal year. For the first time in recent years, the Swiss subsidiary is also back in the black.
Company Vetropack Group recorded excellent revenue and earnings growth in the 2007 fiscal year. For the first time in recent years, the Swiss subsidiary is also back in the black. EBIT reached 132 million Swiss francs and the EBIT margin amounted to 18.9%. Consolidated annual profit increased by 133.6 percent to CHF 100.9 million. The Group invested a total of CHF 86.9 million in plant, equipment and production capacity. Most of this was invested in Vetropack Gostomel, which has the largest production capacity within Vetropack Group with a daily melting capacity of 820 tons of glass.
