Slight fall in sales 2009

Edelmann reports slight fall in sales in 2009

Focus on continuing expansion for national and international plants strengthens und secures the group`s market position

Down 3.7 percent to € 180 million / Continuing systematic expansion scheduled for national and international plants / Constant training ratio of 5 percent in Germany / International award for sustainable packaging solution.

Heidenheim, 15 May 2010. The Edelmann Group, one of the leading folding carton manufacturers in Europe, achieved a turnover of €180 million in the financial year 2009. This represents a drop of 3.7 percent compared with the previous year (€ 187 million), falling just short of the forecast turnover. "The crisis year of 2009 did not pass by Edelmann without leaving its mark, even though our drop in sales turned out to be relatively modest,“ says Dierk Schröder, spokesman for the Edelmann Executive Board. As a result of the continuing uncertainty regarding the economic situation in the industry, the Edelmann Group also forecasts a fall in turnover to about 175 million euros for the current financial year.  With the expansion of the national and international plants the group wants to strengthen and secure its market position.

The pharmaceuticals sector accounted for around 60 percent of sales in 2009, as it did in the year before. The remaining percentage of sales was achieved by the premium segment, which includes folding cartons for cosmetics, hair colorants, confectionery and cigarettes. The new package insert business achieved growth in sales.