Industry News, Printers News

Tetra Pak Reports Growth Despite ‘Challenging Year’

Sales up 1.7% despite softening of global GDP, rising competition within liquid food packaging sector

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By: DAVID SAVASTANO

Editor, Ink World Magazine

A further softening of global GDP and rising competition within the liquid food packaging sector made 2014 a challenging year for Tetra Pak. Despite this, the company achieved net sales of €10.9 billion, up 1.7% from 2013, with strong growth in capital equipment and technical sales helping to offset a disappointing year for packaging material.   “Against the backdrop of a tough year, with slower packaging material growth than originally expected, we saw clear evidence that our business strateg...

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