Constantia Packaging, Arla Foods mull options for Danapak Flexibles |
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Published
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Wed, 09 May 2007 10:08
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VIENNA (Thomson Financial) - Austria's Constantia Packaging AG said it is examining the options for its participation in Danish company Danapak Flexibles together with its partner, Arla Foods.Constantia Packaging and Arla hold 60 pct and 40 pct respectively in Danapak. The two companies have co-owned Danapak for five years.In 2007 the Constantia Packaging Group expects to generate annual sales of more than 1.3 bln eur.On Monday, Constantia posted a revenue growth for the first quarter of 30.8 pct year-on-year to 337.6 mln eur. EBIT increased 29.8 pct to 30.0 mln eur.andreas.vogler@thomson.comav/jsaCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Cater Allen International lifts stake in Arla Foods UK to 1.02 pct 