Sisecam Glass Group posted revenues and gross profit increase 18% and 11% respectively in Q1 2018, while capital expenditures rose 73%.
Exports of $190M in 1Q 2018 to 150 countries, Italy no.1 with 14% share.
Key events :
Acquisition of 2nd Sangalli flat glass plant in Manfredonia Italy for Eur 14M following Porto Nogaro site last year
Completion of cold repair in glass packaging Mersin plant
Paşabahce acquisition of Pearl Glass Group in Egypt for $50M
150K ton/year capacity furnace investment in Eskişehir glass packaging plant
Pasabahce flagstore in Milano has celebrated its 3rd anniversary at Milano Design Week