Nordenia increases sales.

August 29th, 2012

During fiscal 2011, the multinational producer and manufacturer of packaging material Nordenia International AG continued its strong growth. In 2011, the group's sales increased by 9,9% to reach 880,80 million euros, and compared to the previous year, the sales volume grew by 1,4% to 244,670 tons. At € 101,10 million, the adjusted EBITDA margin was 4,4% lower than the previous year's result. For 2012, the CEO and Chairman of the Executive Board, Landwehr Ralph, foresees stable business development with increased sales and results, and explicitly states that the annual result will largely depend on the evolution of commodity prices. cousins.

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