Tetra Pak

Comments by the CEO, Tetra Pak

Good results despite a difficult market

2009 was a strong year for Tetra Pak despite having to deal with some difficult market conditions, such as the melamine crisis in China and the global financial crisis. In summary, Tetra Pak’s sales volumes increased by one per cent in 2009 and a strong operational result was achieved. We also improved our inventories, capital expenditure and working capital, which strengthened our balance sheet.

A quick recovery in China
The good results were helped by a much quicker recovery of the Chinese milk market than first thought. The Chinese government acted effectively and decisively through a variety of measures, such as closing plants which did not live up to normal quality standards, stricter regulations, and follow-up inspections. These actions have restored confidence amongst Chinese consumers.

20 new products
During 2009 Tetra Pak launched 20 new products. The Tetra Pak A3/iLine was further developed with the emphasis on cost-driven innovation. The new fully automated line reduces the customers’ operational costs by an impressive 10 to 40 per cent. The new version of the Tetra Brik Edge package with increased convenience was well received by customers, retailers and consumers and the new Tetra Lactenso Aseptic product - UHT processing equipment - reduces the consumption of water, steam and waste.

Tetra Pak Global Leadership team

Dennis Jönsson/ President and CEO
Jörgen Haglind / Corporate Communications
Alistair Davidson / Finance and Business Transformation
Thomas Andersson / Legal and Tax
Andreas Karl / Human Resources
Alex Anavi / Supply Chain Operations
Michael Grosse / Development and Engineering
Nils Björkman/ Commercial Operations
Sam Strömerstén / Processing Solutions