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RSS FeedsConstantia Flexibles surpasses EUR2 billion sales in 2016
(World News Austria)

 
 

23 march 2017 10:20:01

 
Constantia Flexibles surpasses EUR2 billion sales in 2016
(World News Austria)
 


Constantia Flexibles Group GmbH, one of the world`s leading manufacturers of flexible packaging products and labels, surpassed annual sales of two billion euros in 2016 - the first time in its history. The company also achieved record operating profit before exceptional items in 2016. Both sales and earnings were boosted by contributions from newly acquired companies in growth markets - a key element of Constantia Flexibles` global strategy. According to preliminary results, sales increased by 8.6% to roughly EUR2.1 billion in 2016. Newly-acquired Afripack (Food and Labels), Pemara (Labels) and Oai Hung (Pharma), contributed EUR152.3 million to sales. Adjusted for exchange rate effects and...


 
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