Tetra Pak reaches record ˆ8.7 Billion in sales in 2007

SKRIN Market & Corporate News 5月4日最新披露

Strong sales in fast growing markets, cost-effective innovation and focus on operational performance drove growth in packaging and processing solutions.

Tetra Pak, the world leader in food processing and packaging solutions, today announced record sales of ˆ8.7 billion in 2007-up 6.1 percent from 2006 in comparable terms. Sales of processing solutions reached ˆ911 mln in 2007, up more than 12 percent from the previous year. Packaging solutions reached approximately ˆ7.8 billion in sales in 2007-an increase of 4.1 percent over 2006.

"Several factors helped stimulate sales growth in 2007. These include continued strong growth in emerging and fast growing markets, our focus on cost effective innovation and our strategy of working closely with our customers to enhance operational performance and develop total system solutions, "said Tetra Pak President and CEO Dennis Jonsson. "Our goal is to grow in a socially responsible and sustainable way, in line with our corporate motto PROTECTS WHAT’S GOOD™," the company said.

In 2007, Tetra Pak achieved double-digit sales growth in a number of fast-growing and emerging markets, such as India, Pakistan, Russia, Brazil, the Middle East and Latin America. China remains a significant, growing market for Tetra Pak. In 2007, Tetra Pak invested ˆ60 mln in a state-of-the-art packaging material manufacturing plant in Hohhot, China, to support the country’s growing dairy and beverage industry. With an annual capacity of 8 billion packages, the new facility will become a strategic addition to Tetra Pak’s existing production capacity when it begins operating later this year.

In 2007, Tetra Pak also opened a new converting plant near Moscow, Russia to support its growth in Russia and Eastern Europe. The company invested more than ˆ100 mln to launch this plant-the largest in Russia and Eastern Europe to produce packaging material for liquid food products.

As part of its drive toward cost-effective innovation, in 2007, Tetra Pak launched several new products including:

• The Tetra Gemina™ Aseptic package, the world's first roll-fed gable top shaped package with full aseptic performance for the packaging of both juice and milk-based products

• The Tetra Top® Eifel 038 package: an easy-to-open cap for the Tetra Top package designed to increase consumer convenience.

• An expansion of its range of carton-based retortable food package --Tetra Recart®. This included one new packaging line and two new packaging sizes to provide customers and retailers with a greater range of innovative alternatives in canned foods.

• The Tetra Rex® TR/27 XH Extended Hygiene filling machine: a mid-capacity filling machine designed primarily to fill chilled products, such as milk or juice, into gable top cartons.

• The Tetra Tebel™ OST 6 for cheese production: a curd-making vat that provides cheese makers with access to more efficient process control, higher yields, low maintenance and superior reliability.

At the same time, the company continued to support its customers to help them reduce their operational costs, maximize their productivity and enhance product quality. Tetra Pak supports its customers through every stage of the product lifecycle-from collaborative product development to technical services and training. It’s a strategy that is paying off, according to a recent global customer satisfaction survey, conducted by independent research firm Walker Information. Based on the survey, Tetra Pak is receiving world-class marks in customer loyalty.

This is one reason why Tetra Pak supplied a record 137 billion individual packages during 2007. Leading food and beverage companies around the world used these packages to deliver over 69.5 billion litres of milk, juice, fruits and other products to their customers. That’s enough to fill 27,800 Olympic-sized swimming pools.

The company also supplied an additional 592 packaging machines and 2,107 processing units in 2007. This brings the total number of Tetra Pak packaging machines in operation to 9,143 and the total number of processing units in operation to 28,643.

Tetra Pak operates 17 technical training centres and 12 research and development facilities around the world to ensure continued product innovation and excellence in customer service.