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Constantia Flexibles with Strong Sales and Earnings Growth

September 9, 2013

Outlook positive for 2013

Constantia Flexibles , one of the leading flexible packaging groups, posted record results in the first six months of the current business year. Sales could be increased due to higher volumes sold in Western Europe, North America and the emerging countries from organic growth by 5% and by acquisitions by 17%.
Total sales increased by 22% in the half year comparison to EUR 803.4 million (previous year EUR 659.4 million).

Thomas Unger, CEO of Constantia Flexibles explains the positive development to date, „Our business model is based on daily consumer demand with sustainable growth potentials in established and emerging markets. In the first half of this year we succeeded to increase our presence in the core markets USA, Mexico and India. Also earnings could be raised.“

In the past year, the basis for further successful business activity was laid with a new organizational structure and a new management. In 2013 the emphasis lies on strengthening market presence in growth regions and further Group integration. Thus far, the financial year 2013 has developed well, and the outlook for the rest of the year is also positive.