Perlen Packaging's events

The CPH Group delivered a relatively sound overall performance during the coronavirus pandemic in 2020, thanks to its diversification in various business segments. With net sales of CHF 445.2 million, the Group achieved annual earnings before interest and taxes (EBIT) of CHF 24.7 million. The net result for the year of CHF 47.0 million was broadly at its 2019 level, thanks to non-recurring income of CHF 25.9 million. The 2021 Ordinary General Meeting will be asked to approve the distribution of a dividend of CHF 1.80 per share for the 2020 financial year.

Uetikon Industrieholding AG is to be merged into CPH Chemie + Papier Holding AG. As a result, the present shareholders of Uetikon Industrieholding AG will hold shares directly in CPH Chemie + Papier Holding AG, raising the free float and thus enhancing the attractiveness of the CPH share. Following the merger, the CPH Group will continue to have the descendants of its founding families as strong anchor shareholders within its shareholder base.

2020 was a very special year, which required all of us to show solidarity, responsibility and consideration for other people. This year in particular, Perlen Packaging is continuing its tradition of donating 3,000 CHF to Titlisblick children’s home in Lucerne.

Perlen Packaging held their first two Online Agent-Meetings. Our business partners and agents were informed about the business development projects of the Perlen Packaging Group.

We are very excited to welcome Olivier Minger as our new Chief Financial Officer and Member of the Executive Board.

Vinyl Plus and Perlen Packaging held a webinar focussing on PVC sustainability and the environment. The issues were discussed by the Technical Director of Vinyl Plus, Stefan Eingärtner and Detlef Wolters, Head of Technical Services at Perlen Packaging.

Having constructed a new film coating plant in China, the Packaging Division of the CPH Group is now continuing its emerging markets expansion in Latin America. Perlen Packaging is to build a further new film coating plant at its operating site in Brazil where it will also be co-financing a new calendering facility for mono film production.

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The CPH Group reports net sales of CHF 231.8 million for the first half of 2020, a 13.3% decline on the prior-year period attributable largely to the coronavirus pandemic. First-half EBIT also declined to CHF 17.8 million. The net result was unchanged at CHF 27.2 million, thanks primarily to an extraordinary income item.