According to the composite cans, composite drums and plastic containers manufacturer, it is the eighteenth consecutive year of growth.
WPG chief executive Ralf Weidenhammer said: “There was no guarantee of a positive balance. The market environment continues to be difficult, especially in Southern Europe. In addition, our retail customers are still under price pressure, and there are significant cost increases for personnel and energy.
“We are pleased that with few exceptions almost all of our international organizations reached or even exceeded our sales targets.” The number of employees remained constant at 1,100.”
According to the group, the results mean that it can invest in innovations and expand its product portfolio in 2014. The focus is on extremely impermeable barrier packaging for food, as well as new developments like the NaturalCan
A new plant will open in Chile in January and despite uncertainty in the region, WPG’s Russian plant in Vladimir will also be significantly expanded.