Tetrapak: fast growing markets underpin strong performance

Tetra Pak today announced net sales of €9.98 billion in 2010, up 5.2 per cent from 2009 at comparable rates. Packaging Solutions reached €9.01 billion in net sales in 2010, an increase of 5.9 per cent compared with 2009, while sales of Processing Solutions edged down 0.7 per cent to €971 million.

The strong sales performance of Packaging Solutions in 2010 was driven by double-digit growth in several geographies, including Southeast Asia, Eastern Europe, Central Asia, China and South America.

Alongside the strong sales results, Tetra Pak also announced that it had beaten its 2010 absolute carbon emissions goal, exceeding the 10 per cent reduction target it set five years ago. The company achieved an actual cut in carbon emissions of 11 per cent against a 2005 baseline, while sales grew by 23.1 per cent, equating to a relative reduction of 30 per cent.

“Environmental performance is an intrinsic part of Tetra Pak’s business strategy and operations,” said Tetra Pak CEO Dennis Jönsson. “As our results show today, by setting and meeting ambitious environmental targets we strengthen competitiveness, both for Tetra Pak and for our customers.”

The company also achieved targeted results on other key pillars of its environmental strategy: efforts to ensure the sustainable supply of the paperboard used to make its packages and programmes to increase the recycling of used beverages cartons around the world.