Antalis increases profit by over 13 percent

The Swiss paper wholesaler Antalis has presented its annual figures for the 2005 financial year. With sales of CHF 256.4 million (+1.4 percent compared to the previous year), operating profit (EBIT) rose by 13.6 percent to over CHF 15 million. In 2005, 105,000 tons of paper were sold, which corresponds to an increase of 2 percent. Antalis also sees rosy prospects for the current year. The figures for the first quarter of 2006 are also very satisfactory, with sales up 7 percent and revenue growth of over 5 percent. Antalis' strategy of investing sustainably in the future has paid off and will be continued, Antalis announced on Wednesday.