Lund, 16 April 2008 - Tetra Pak today announced record sales of Euro 8.7 billion in 2007 - up 6.1 percent from 2006 in comparable terms. Sales of processing solutions reached Euro 911 million in 2007, up more than 12 percent from the previous year. Packaging solutions reached approximately Euro 7.8 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 Jönsson. “Our goal is to grow in a socially responsible and sustainable way, in line with our corporate motto PROTECTS WHAT’S GOOD.”
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 Euro 60 million 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 Euro 100 million to launch this plant - the largest in Russia and Eastern Europe to produce packaging material for liquid food products.