Two major milestones for Vetropack: the new Italian plant opens, and production resumes at the Ukraine site. Two new beginnings that make the company both happy and proud – living proof that its values and dedicated workforce are continuing to drive Vetropack towards its strategic goals. And to mark these advances, Vetropack has given the report a fresh new look.
Double-digit growth in local currency
Amid a market environment that remains tense and volatile, the Vetropack Group can report positive performance in the first half of 2023. During the first six months of this year, net sales from goods and services increased by 9.9 percent (or 13.9 percent after adjusting for currency effects) to CHF 477.9 million (prior year: CHF 435.0 million.) Consolidated EBIT rose to CHF 70.1 million (prior year: CHF 48.3 million).
After 2022 – a year heavily impacted by the war in Ukraine – this puts Vetropack back on track for growth, with innovative products and state-of-the-art plants as key drivers of business.
The 2023 semi-annual report is available exclusively online, to read it click here.
The Board of Directors report is available here.