Group sales grew 30% to £2,191m including the benefit of the OI Plastics and Rostar acquisitions. Foreign
exchange, primarily the strengthening of the euro against sterling, contributed 5% growth while organic sales
growth (including pass through) was 8%.
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Gerresheimer AG again increased its sales and results in the second quarter of 2008.
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For Constantia Packaging, one of Austria´s leading industrial groups, the financial year
2007 was remarkable in respect of the positive financial figures and the strategic
focusing of the company.
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In order to clarify responsibilities and to speed up the decision making, Walki Group will reorganize its Group structure from the current four Strategic Business Areas and two Operations entities into three separate profit units or Business areas. These three Business areas are Paper packaging, Consumer board and Technical products. The Business areas will be responsible for their respective sales and marketing, production and product development functions. The leaders of the Business areas will have full profit and loss responsibility and a mandate to significantly improve the present performance and to grow the existing businesses.
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