- Interview CEO
- Vetropack Locations
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- Business model
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- Material Topics and Performance Review
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- New designs
- Financial Report
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- At a Glance
- Financial Report Vetropack Group
- Consolidated Balance Sheet
- Consolidated Income Statement
- Consolidated Cash Flow Statement
- Changes in Consolidated Shareholders’ Equity
- Consolidation Principles
- Valuation Principles
- Notes
- Ownership Structure
- Company Participations
- Report of the statutory auditor on the consolidated financial statements
- Five Year Overview
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- Financial Report Vetropack Holding Ltd
- Balance Sheet
- Income Statement
- Notes
- Board of Directors’ (BoD) Proposal for the Corporate Profit Appropriation
- Report of the statutory auditor on the financial statements
- Five Year Overview
- Corporate Governance
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- Introduction
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- MB Members
- Remuneration and Additional Information
- Shareholders’ Participation Rights
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- Remuneration Report
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- Introduction
- Principles of the Remuneration Scheme and its Components
- Organisation and Authorities for Determining Remuneration
- Description of the Remuneration Components
- Board of Director’s Remuneration
- Management Board’s Remuneration
- Comparison of Remuneration disbursed with the Remuneration approved by the 2020 and 2021 Annual General Assembly
- Shareholdings
- Report of the statutory auditor on the remuneration report
- Sustainability Report
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- Sustainability Report
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Integrated Annual Report and Remuneration Report 2020
Board of Directors’ Report
In a challenging environment shaken by the Covid-19 pandemic, Vetropack Group achieved an EBIT margin of 11.5% (2019: 12.5%). Consolidated net sales stood at CHF 662.6 million (2019: 714.9 million). At the end of the year, the Group acquired a glass works in Moldova in a takeover which was financed by the Group’s own funds.
read moreKeyfigures 2020
The year 2020 in figures
Net Sales in CHF millions
662.6
– 7.3%
EBIT in CHF millions
76.1
– 14.9%
Consolidated Profit in CHF millions
81.2
+ 12.2%
Cash Flow* in CHF millions
141.2
– 7.9%
Investments in CHF millions
73.7
– 40.4%
Production in 1000 metric tons
1416
– 3.0%
Exports in %
43.1
Number of Employees
3882
+ 15.3%
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- Sustainability Report
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- Material Topics and Performance Review