Annual report and sustainability report Paulig Group 2018
Roeselare, 26 April 2019 – The annual report and sustainability report from the Paulig Group outline the highlights of 2018 that have been achieved together with all divisions and Paulig Group colleagues.
For the Snack Foods division, to which Poco Loco belongs, 2018 was first and foremost the year when the fully automated high-bay warehouse was opened. This new warehouse saves 25,000 truck journeys a year, equivalent to 365 tonnes of CO2 emissions. Beside this, with the customer brand business, the division achieved an increase in net turnover from 257.0 to 273.2 million euros, with Germany, France, the UK and Scandinavia as the most important growth markets. The growth was mainly seen in tortillas and dinner kits.
In 2018 the group concentrated a lot on innovations and future growth with the successful launch of new products in various growth segments of the market. The group’s turnover fell slightly, from 928.9 to 907.5 million euros. This fall was primarily due to a drop in the value of the Swedish krona and the market price of coffee.
Focus on the future
For 2019, the group is focusing on its long-term objective of becoming one of Europe’s fastest-growing Food & Beverage companies, and is therefore adjusting its business model with a new organisational structure. Sustainability also remains high on the agenda. “Sustainability, health and wellness are three aspects that will play a bigger role in the success of food companies in the future,” says CEO Rolf Ladau.
Read the Paulig Group Annual Report 2018 and Sustainability Report 2018.