• HSBC

Tetra Pak reaches record €8.7bn in sales in 2007

Tetra Pak, the world leader in food processing and packaging solutions, announced record sales of €8.7bn in 2007—up 6.1% from 2006 in comparable terms.

Sales of processing solutions reached €911m in 2007, up more than 12% from the previous year. Packaging solutions reached approximately €7.8bn in sales in 2007—an increase of 4.1% over 2006.

In 2007, Tetra Pak achieved double-digit sales growth in a number of fast-growing and emerging markets, such as the Middle East, India, Pakistan, Russia, Brazil, and Latin America.

Globally, Tetra Pak supplied a record 137 billion individual packages during 2007. Leading food and beverage companies around the world used these packages to deliver over 69.5 billion litres of milk, juice, fruits and other products to their customers. That's enough to fill 27,800 Olympic-sized swimming pools.

2007 saw Tetra Pak Arabia, the Arabian market company of Tetra Pak, observe its first year as an entity comprising GCC and Yemen. Previously known as Tetra Pak Saudi Arabia and Tetra Pak Gulf, the two different entities were merged last year with the objective of better serving the markets and to support customers that include leading dairy, food and beverage manufacturers in the region.

Strong consumer demand and increased production capacity at the factory located in Jeddah, Saudi Arabia continued in 2007 with the company producing a total of five billion cartons in 2007. Most of the carton packaging material produced in the Jeddah factory was supplied to Tetra Pak Arabia's vast customer base in Saudi Arabia and also exported to customers in over 24 other countries including the Middle East, Europe and Asia.

"Several factors helped stimulate global sales growth in 2007. These include continued strong growth in emerging and fast growing markets, our focus on cost effective innovation and our strategy of working closely with our customers to enhance operational performance and develop total system solutions,"


said Tetra Pak President and CEO Dennis Jönsson. "Our goal is to grow in a socially responsible and sustainable way, in line with our corporate motto PROTECTS WHAT'S GOOD."

Globally and in the region, the company continued to support its customers to help them reduce their operational costs, maximize their productivity and enhance product quality. Tetra Pak supports its customers through every stage of the product lifecycle—from collaborative product development to technical services and training.
 
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Notes and Media Contacts »

ABOUT TETRA PAK
Tetra Pak is the world's leading food processing and packaging solutions company. Working closely with our customers and suppliers, we provide safe, innovative and environmentally sound products that each day meet the needs of hundreds of millions of people around the world. With over 20,000 employees and operations in more than 150 countries, we believe in responsible industry leadership and a sustainable approach to business. Our motto, "PROTECTS WHAT'S GOOD, reflects our vision to make food safe and available, everywhere.

MEDIA CONTACTS
Summera Zaheer or Krupa Uthappa
Weber Shandwick MENA
Tel: 971 4 3210077

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