Tetra Pak Net Sales Reach €10.36 Billion in 2011

The company’s Packaging Solutions businesses achieved net sales of €9.2 billion for the year, three percent higher (comparable terms) than in 2010, driven by strong growth in South and Southeast Asia, Central and South America, China and Sub-Sahara Africa.

26 Mar 2011 --- Tetra Pak announced net sales of €10.36 billion in 2011 up five percent from 2010 in comparable terms.

The company’s Packaging Solutions businesses achieved net sales of €9.2 billion for the year, three percent higher (comparable terms) than in 2010, driven by strong growth in South and Southeast Asia, Central and South America, China and Sub-Sahara Africa.

Sales from Processing Solutions climbed almost 23 percent year over year (comparable terms) to €1.2 billion, with double-digit growth in North America, China, South and Southeast Asia, Northeast Asia and Oceania and the entire European region.

“Thanks to our long-time focus on developing products and services that not only address today’s needs, but also anticipate the needs of the future, we saw continued growth in 2011, despite widespread economic uncertainty and an increasingly competitive environment,“ said Tetra Pak President and CEO Dennis Jönsson.

“We are committed to supporting our customers, retailers and suppliers over the long term and will continue to invest in products, services and facilities that look beyond tomorrow, while also making sure we deliver what is needed today,“ he said.

The year saw the launch of a number of new products and features by Tetra Pak, from within both Processing Solutions and Packaging Solutions, developed in response to specific demands around operational efficiency, environmental performance, convenience or differentiation.

In a significant milestone towards its goal of producing 100% renewable packaging, Tetra Pak, in collaboration with Nestlé Brazil, announced the launch of two popular milks brands in Tetra BrikAseptic packages, featuring caps made with green polyethylene.

Through 2011, Tetra Pak continued to invest in facilities that will better support its customer’s activities in different parts of the world. It inaugurated a new, state-of-the-art packaging material factory in Pakistan, started construction of a similar facility in India and opened its ninth Product Development Centre in Shanghai, China.