The annual report 2015 of ÅR Packaging Group AB has been published today on the company's website
2015 proved to be an extraordinary year for AR Packaging in many respects and is the result of successful strategy implementation. Net sales rose 27% to 514 MEUR, an increase mainly attributable to the acquired business of the European operations of MeadWestvaco Corporation, which has been included in the financial statements since 1 May. EBITDA margin for 2015 rose to 12.2% which is the highest margin in the Group’s history.
“We have over the last years gradually improved our value proposition in core segments with a clear aim to work with customers with which we have a strategic alignment and can create a mutually beneficial relationship. This combined with relentless efforts to improve operational efficiency, reduce cost base and create a winning, performance-based culture has laid the foundation for strong improvement in profitability,” says Harald Schulz, President and CEO of AR Packaging.
The annual report of AR Packaging summarizes the strong development of AR Packaging during 2015. It also includes an overview of the company and its divisions as well as the audited consolidated financial statement for the year 2015.
www.ar-packaging.com