Model Holding AG, CH-Weinfelden - Model Group cardboard and corrugated board packaging, recorded consolidated Group sales of CHF 874 million in the 2016 fiscal year. This represents an increase of 42% over the previous year. The Group employed an average of just over 4,200 members of staff during the reporting year, nearly 1,000 more than in 2015. The proportion of these in Switzerland is 22%, with over 900 employees. The main reason for the growth is the acquisition and integration of the former P-Well Group in Germany by Model GmbH, which is running according to schedule. The expansion of geographical markets increased the number of European Group customers, so that important national markets such as the Czech Republic, Poland, Benelux and Switzerland were able to contribute to the growth trajectory with over 4%. CHF 88 million were invested in innovation, modernisation and expansion projects.
Good sales volumes/new plant in Poland
The Model Group sold nearly 1,200 km2 in corrugated board packaging/corrugated board sheets and more than 26,000 t of cardboard packaging in its national markets in Switzerland, Germany, Poland, the Czech Republic, Benelux, France, Austria, Slovakia and Croatia. Combined, the two Swiss paper factories in Weinfelden and Niedergösgen produced 383,000 tonnes (2015: 375,000) of waste-paper based corrugated board.
The new plant in Nowa Sól, Poland, the third Model plant in Poland overall, launched production with around 60 employees and state-of-the-art processing machines.
Outlook: innovative projects planned in Switzerland
The slight economic revival in Europe, combined with the Group's exciting innovation projects, should help to partially offset the negative impact of the strong Swiss franc. In one month, the first trials will begin in Weinfelden for a new material preparation system, which will be capable of processing good-quality paper fibres that have hitherto mostly been thermally disposed. In the current year, investments of similar amounts to the previous year are being made with the aim of improving logistics and productivity.