Gerresheimer revenue up 13.6% in Q1

Published: 12-Apr-2012
Finance

Acquisition of Neutral Glass also strengthens company’s position in Indian market


Glass and plastics product supplier Gerresheimer has had a strong start to its financial year with group revenue climbing by 13.6% to €268.8m in Q1. The adjusted EBITDA rises by 6.2% to €44.3m.

Uwe Röhrhoff, ceo of Gerresheimer comments: “We’ve got off to a very good start and are able to report excellent growth in revenues.

“We are continuously expanding our operations in the emerging markets and our most recent acquisition of Indian company Neutral Glass is an important milestone in our efforts to build our presence in the fast growing Indian market.”
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Gerresheimer revenues rise

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The packaging manufacturer reported a \'substantial increase\' in sales for the second quarter

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