Firm Reports Better Turnover Despite Costs ; Business Today: Packaging

The JournalApril 23, 2010

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Summary


INTERNATIONAL packaging firm SIG Combibloc reported a rise in turnover for the year ending December 2009, but its pre-tax profit was squeezed by higher operating costs.

The company, whose registered UK office is in Houghton-le- Spring, said its turnover was pounds 41.2m for the 12-month period, compared to pounds 38.1m the previous year. It said the rise was achieved through "favourable exchange rate impact".

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Firm Reports Better Turnover Despite Costs ; Business Today: Packaging

However, operating costs rose from pound...

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