| Vetropack expects higher annual profit in 2011 thanks to lower exchange losses |
| 31.01.12 07:02 | |
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Bülach, 31 January 2012 – The Vetropack Group is revising its expectations for its consolidated annual profit upwards. A considerable increase in profit is expected for the 2011 financial year. The anticipated exchange losses due to the effect of currency fluctuations on liquid funds and internal loans have had less of a negative impact than originally forecasted. This positive trend reversal emerged in the second half of the reporting year. The consolidated annual profit in 2010 amounted to CHF 38.7 million. |
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