Tetra Pak

Comments by the Tetra Pak CEO Dennis Jönsson

Strong development with a focus on future growth

2010 was another good year for Tetra Pak. The global food and beverage sector recovered more quickly than we had expected, with most markets outside Europe showing strong growth. Overall, we increased our volumes by more than 8 per cent and sales by 5.2 per cent compared with the previous year. Operating income for Tetra Pak was also strong, primarily due to the increases in volume and the fact that we kept costs under control. In this respect, I would like to take this opportunity to warmly thank all Tetra Pak employees for their excellent efforts during the past year

Strong growth in many markets
The geographic markets that showed particularly solid improvement were China, Southeast Asia, Eastern Europe and Central and South America.

Good increase for Packaging Solutions
Packaging Solutions had a strong year, increasing sales by 5.9 per cent, primarily thanks to continued solid performance in developing markets. All our packaging systems performed well. During the year we piloted Tetra Evero Aseptic, our innovative new carton bottle, which met with a very positive reaction from consumers.

Increased orders for processing solutions
Despite a forecast fall of 10 per cent, Processing Solutions’ sales were largely unchanged in 2011 compared with 2010. At year end, orders for Processing Solutions were 50 per cent higher than at the lowest level during the previous year, ensuring a strong start to 2011.

Tetra Pak Global Leadership team

Dennis Jönsson/ President and CEO
Nils Björkman/ Commercial Operations
Michael Grosse / Development, Engineering & Technical Service
Sam Strömerstén / Supply Chain Operations
Tim High / Processing Solutions
Maria Varsellona / General Counsel
Chris Huntley / Corporate Communications
Alistair Davidson / Finance and Business Transformation
Andreas Karl / Human Resources
Alex Anavi / Supply Chain Operations

Read the complete article in the Tetra Laval annual report (pdf)