Packaging company Model Group reports sales increase
The Group was able to increase its turnover by 3.4 % last year, although this growth did not take place in Switzerland. Price increases for packaging are likely.
The model, which operates in the packaging
In the past year, the Group generated consolidated sales of 545
million francs, which corresponds to an increase of 3.4 %.
Adjusted for currency effects, sales reached the previous year's level. The Group
is active in the main markets of Switzerland, Germany, France and Austria,
Czech Republic, Poland, Slovakia and Croatia. It trades in corrugated
and solid board packaging. The recorded growth stems from the
markets outside Switzerland, the company announced. One third
of turnover was generated in Switzerland. In the paper mill
Weinfelden, the increase in energy costs would have led to substantial
margin loss, the press release continues. This has
The general price increases in the paper industry also had nothing to
change. In the current year, further
increases in the cost of raw materials. With renewed
Price increases must be expected.
In the past year, the Group generated consolidated sales of 545
million francs, which corresponds to an increase of 3.4 %.
Adjusted for currency effects, sales reached the previous year's level. The Group
is active in the main markets of Switzerland, Germany, France and Austria,
Czech Republic, Poland, Slovakia and Croatia. It trades in corrugated
and solid board packaging. The recorded growth stems from the
markets outside Switzerland, the company announced. One third
of turnover was generated in Switzerland. In the paper mill
Weinfelden, the increase in energy costs would have led to substantial
margin loss, the press release continues. This has
The general price increases in the paper industry also had nothing to
change. In the current year, further
increases in the cost of raw materials. With renewed
Price increases must be expected.
