Welcome!

News Feed Item

Tetra Pak® Net Sales Grow 3.5 percent in 2013

Results driven by new processing and packaging systems, and technical services

VERNON HILLS, Ill., April 4, 2014 /PRNewswire/ -- Tetra Pak®, the world leader in food processing and packaging solutions, today 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 Tetra Pak President and CEO Dennis Jonsson. "But despite this, we achieved growth in all areas of our business, with particularly strong performances in Processing Solutions, Capital Equipment and Technical Service."

Packaging Solutions
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.

The packaging business also reported solid growth in Capital Equipment, with sales climbing 15% from 2012 on the back of more than 580 new filling machines deliveries across the globe, led by healthy demand from customers in Greater China and Central & South America 

And Technical Service (TS) within Packaging Solutions reported similarly strong  gains, increasing net sales by 11% year-on-year, with significant growth in Service contracts, which now account for around 25% of the total TS business, compared with 20% in 2012.

Processing Solutions
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. This follows the 2012 acquisition of Filtration Engineering, and provides Tetra Pak with important in-house expertise in areas such as reverse osmosis, nano-filtration, ultra-filtration and micro-filtration. The business is now focused on applying and developing these technologies across a range of different Processing-related applications.

"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.

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 in more than 170 countries around the world. With more than 23,000 employees based in over 85 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. More information about Tetra Pak is available at www.tetrapakusa.com

Tetra Pak and PROTECTS WHAT'S GOOD are trademarks belonging to the Tetra Pak Group.

MEDIA CONTACTS

Giovanna Lemos

Jill Qualizza

Tetra Pak US and Canada

Tetra Pak US and Canada

Phone: +1 847-955-6281

Phone: +1 847-955-6373

Mobile: +1 224-213-6769

Mobile: +1 847-749-7271

Email: [email protected]

Email: [email protected]

SOURCE Tetra Pak

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
Given the popularity of the containers, further investment in the telco/cable industry is needed to transition existing VM-based solutions to containerized cloud native deployments. The networking architecture of the solution isolates the network traffic into different network planes (e.g., management, control, and media). This naturally makes support for multiple interfaces in container orchestration engines an indispensable requirement.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.