Tetra Pak reported net sales for 2013 of €11.1 billion, up 3.5% from 2012 in comparable terms.
“The combination of strong competition and soft economies in many markets around the globe created a tough business environment for Tetra Pak last year,” said Dennis Jonsson, Tetra Pak president and CEO. “But despite this, we achieved growth in all areas of our business, with particularly strong performances in Processing Solutions, Capital Equipment and Technical Service.”
The company’s Packaging Solutions business reported net sales for the year of €9.6 billion, with packaging material volumes rising 3% compared with 2012, as the company delivered more than 178 billion packs to customers worldwide.
Around 27% of this volume came from Tetra Pak’s advanced product portfolio, which features a range of shapes, formats and openings designed specifically to meet customer demand for improved functionality, greater brand differentiation or a stronger environmental profile. This compares with a 21% share in 2012, and reflects particularly strong year-on-year growth in Tetra Prisma Aseptic portion packs and Tetra Brik Aseptic Edge 1 liter, up 35% and 75% respectively.
Sales within Processing Solutions reached €1.5 billion in 2013, up 16% year-on-year, with solid growth in all markets. Excluding acquisitions, growth was 13%, reflecting a healthy increase in Technical Sales and Service, which climbed 15% year-on-year, and solid gains in new equipment sales to the beverage and prepared food categories, up 19% and 15% respectively.
The company saw further success with the development of scaled-down versions of some of its market-leading Processing technologies, including the launch of Tetra Alcross RO Lite, Tetra Therm Aseptic Flex 1, Tetra Therm Aseptic Drink 1 and Tetra Albatch 1. These products have proved particularly popular with customers in emerging markets, and with fledgling businesses seeking robust and reliable processing solutions at relatively low investment costs.
The year also saw the Processing business consolidate its position as market leader in filtration systems for milk, cheese and whey applications, with September’s acquisition of DSS Silkeborg, a specialist membrane filtration technology company based in Denmark.
“The combined success of our Packaging Solutions and Processing business is a reflection of our ability to provide customers with solutions to ensure they can capitalize on new market opportunities and manage the challenges within their own markets. In 2014 we will continue to build on this growth, focusing on delivering value to customers and ensure we remain a vital partner to them,” concluded Jonsson.
Tetra Pak Net Sales Grow 3.5 Percent in 2013
Published April 4, 2014
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