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Packaging And Design

Glass Manufacturer Verallia Sees Revenue Up 5.7% In 2018

By Steve Wynne-Jones
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Glass bottle manufacturer Verallia has posted a 5.7% increase in reported revenue in full-year 2018, at constant exchange rates and if IFRS15 impact is excluded.

The Paris-based group posted revenue of €2.42 billion last year, which was down 2.3% on a reported basis.

The group said that its performance was driven by volume/mix improvement, supported by selling price increases necessary to mitigate rising energy costs and other inflationary impacts.

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