2017 was a year when all three industry groups delivered growth. Tetra Laval Group’s net sales amounted to €13.9 billion, a nominal increase of about 1 per cent compared to 2016. At comparable rates, sales increased by 1.7 per cent. The reason for the increased sales was that both capital equipment sales and service sales grew for all industry groups. Driving factors were increased demand and an attractive customer offering. However, the strengthening of the euro versus the USD negatively impacted sales. Operating profit improved in absolute terms and remained unchanged in relative terms. The main contributor was sales growth, as well as the on-going transformation programmes in all industry groups that made significant contributions.
Read more in the Tetra Laval annual report 2017/2018 (pdf)