Ziegler Papier pleased with increase in sales
Ziegler Paper Mill, based in Grellingen in the canton of Baselland, increased its revenue by more than 12.5 percent to 117 million francs in fiscal year 2007. Cash flow is once again above 10 percent of revenue, and investments of approximately 6 million francs were recorded.
Ziegler Paper Mill, based in Grellingen in the canton of Baselland, was able to increase its sales by over 12.5 percent to 117 million Swiss francs in the 2007 financial year. Cash flow again exceeded 10 percent of sales, and investments of around 6 million Swiss francs were recorded. The workforce remained stable at 182 employees. The company was silent about the specific earnings situation in its press release on Monday. It was again negatively affected by high energy costs and rising raw material costs, it only says.
Ziegler is a global leader in the production of inkjet papers for transactional documents and CAD. Last year, the company further expanded its market position in Europe and the USA, according to a press release issued on Monday. The market launch of the new product Z-Release, a backing paper for film composites and in plastics production, went according to plan.
Of the total of around 70,000 tons of paper produced by Ziegler last year, approximately 45 percent was sold domestically. Exports were mainly to Germany, England, Holland, Austria and Italy. The subsidiary Ziegler Paper USA in Elk Grove, Illinois, again doubled its sales and closed the year successfully. Smaller quantities of paper were also sold to China for the first time.
The company intends to grow further in 2008. The focus will be on new products in the ink jet sector and in the silicone coatings segment.
Ziegler is a global leader in the production of inkjet papers for transactional documents and CAD. Last year, the company further expanded its market position in Europe and the USA, according to a press release issued on Monday. The market launch of the new product Z-Release, a backing paper for film composites and in plastics production, went according to plan.
Of the total of around 70,000 tons of paper produced by Ziegler last year, approximately 45 percent was sold domestically. Exports were mainly to Germany, England, Holland, Austria and Italy. The subsidiary Ziegler Paper USA in Elk Grove, Illinois, again doubled its sales and closed the year successfully. Smaller quantities of paper were also sold to China for the first time.
The company intends to grow further in 2008. The focus will be on new products in the ink jet sector and in the silicone coatings segment.
