VPK Packing Group News http://www.vpkgroup.com http://www.vpkgroup.com/en/37 en VPK Copyright 2012 2012-05-18T16:03:14Z Interim statement 16 May 2012 http://www.vpkgroup.com/en/1411 http://www.vpkgroup.com/en/1411 16-05-2012 Consolidated results for the year 2011 http://www.vpkgroup.com/en/1376 http://www.vpkgroup.com/en/1376 13-03-2012 Interim results 17 November 2011 http://www.vpkgroup.com/en/1333 http://www.vpkgroup.com/en/1333 17-11-2011 VPK expands its sheet feeding activities in Germany under the brand 'Aquila' http://www.vpkgroup.com/en/1320 http://www.vpkgroup.com/en/1320 14-09-2011 consolidated results per 30 June 2011 http://www.vpkgroup.com/en/1315 http://www.vpkgroup.com/en/1315 31-08-2011 half-year financial report per 30 June 2011 http://www.vpkgroup.com/en/1312 http://www.vpkgroup.com/en/1312 31-08-2011 Interim statement May 2011 http://www.vpkgroup.com/en/1284 http://www.vpkgroup.com/en/1284 13-05-2011 Consolidated result over 2010 http://www.vpkgroup.com/en/1238 http://www.vpkgroup.com/en/1238 15-03-2011 Interim statement November 2010 http://www.vpkgroup.com/en/1164 http://www.vpkgroup.com/en/1164 16-11-2010 consolidated results per 30 June 2010 http://www.vpkgroup.com/en/1108 http://www.vpkgroup.com/en/1108 31-08-2010 half-year financial report per 30 June 2010 http://www.vpkgroup.com/en/1111 http://www.vpkgroup.com/en/1111 31-08-2010 Interim statement May 2010 http://www.vpkgroup.com/en/1009 http://www.vpkgroup.com/en/1009
  • Raw material prices reach historic high point
  • Rise in recycled containerboard prices continues
  • Reduced gross margin due to the time-lag in the charge through in packaging prices
2010 05 14_interim statement V1.pdf (61 KB)

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]]> 14-05-2010 Consolidated result over 2009 http://www.vpkgroup.com/en/935 http://www.vpkgroup.com/en/935 16-03-2010 Additional info 30 06 2009 and cash flow statements http://www.vpkgroup.com/en/914 http://www.vpkgroup.com/en/914 24-02-2010 Second interim statement - November 2009 http://www.vpkgroup.com/en/854 http://www.vpkgroup.com/en/854

* Turnover down with 11,4% at the end of Q3 2009 
   ( - 13,7% at the end of Q2 2009 )
* Paperprices start to increase again
* Result in improved operational margin
* Further reduction of net-financial debt position
Press release 121109.pdf (28 KB)

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]]> 12-11-2009 The sun shines over VPK Packaging Group http://www.vpkgroup.com/en/837 http://www.vpkgroup.com/en/837
Carbon foot print reduces again

A joint venture was created with Origis to build a 1.8 megawatt solar power station on the roofs of the corrugated board factory in Aalst and the core winding plant in Deerlijk.

The power plant, which will be operational by December 2009, will produce so called green electricity. The generated electricity will be used locally in the plant replacing externally purchased electricity.

The investment should generate a yearly saving of our electricity costs of at least 150.000 € during the next 20 years.

This equipment will reduce our greenhouse gas emission and thus also the carbon foot print of VPK Packaging Group.

Earlier investments like the biogas generator and the combustion of recycling residues in Oudegem had the same positive effect on the environment.

Similar projects will be initiated within the group shortly.

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]]> 28-09-2009 Results over first half-year 2009 http://www.vpkgroup.com/en/832 http://www.vpkgroup.com/en/832
  • Net sales decrease with 14% over first half year
  • EBITDA margins under pressure – strong focus on costs reductions
  • Capex restrictions and improved working capital reduce Net Financial Debts
  • Pricelevels bottoming-out, but cost- increase for raw materials and energy
Figures first half-year 31082009.pdf (69 KB)

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]]> 31-08-2009 Consolidated results for the year 2008 http://www.vpkgroup.com/en/790 http://www.vpkgroup.com/en/790
  • EBITDA down 26% to EUR 52.2 million due to slowdown in second half of the year
  • Volumes under severe pressure in the fourth quarter
  • Evolution of GBP exchange rate has major adverse effect on financial results
  • Net profit of EUR 20.3 million thanks to capital gain on sale of non-core activities
press release 17032009.doc (102 KB)

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]]> 18-03-2009 MONDI Packaging Saint Quentin http://www.vpkgroup.com/en/787 http://www.vpkgroup.com/en/787
MONDI Packaging Saint Quentin sold to VPK Packaging Group NV
press release 02022009.doc (47 KB)

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]]> 02-02-2009 Closure of Rigid Paper Ltd in Selby (UK) http://www.vpkgroup.com/en/783 http://www.vpkgroup.com/en/783 20-01-2009 Notification of participations http://www.vpkgroup.com/en/780 http://www.vpkgroup.com/en/780
TRANSPARENCY LEGISLATION – NOTIFICATION OF PARTICIPATIONS ON 1 SEPTEMBER 2008 IN ACCORDANCEWITH ARTICLE 29
Press release 26112008.pdf (45 KB)

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]]> 26-11-2008 Interim Announcement November 2008 http://www.vpkgroup.com/en/775 http://www.vpkgroup.com/en/775
  • Net sales up with 4,9% to 439,8mio € ( at equal consolidation scope )
  • Operational margin further under pressure as a result of the start-up period of papermachine 7 in Oudegem ( B ) and higher energy- and consumables prices
  • Lower volume expectations for the 4th quarter due to decrease of the consumer’s spending
press release 14112008.doc (56 KB)

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]]> 14-11-2008 Legal information - Transparency Legislation http://www.vpkgroup.com/en/759 http://www.vpkgroup.com/en/759
Legal information to be provided in accordance with article 15 and in accordance with the transitional arrangement resulting from article 29 of the Transparency Legislation (Law of 02/05/07 – BS 12/06/07)

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]]> 16-09-2008 Consultation process Selby http://www.vpkgroup.com/en/756 http://www.vpkgroup.com/en/756 11-09-2008 Consolidated results first half of 2008 http://www.vpkgroup.com/en/753 http://www.vpkgroup.com/en/753 29-08-2008 SITA acquires Doopa and Doopatrans from VPK http://www.vpkgroup.com/en/750 http://www.vpkgroup.com/en/750 01-08-2008 Investment in a new Papermill http://www.vpkgroup.com/en/746 http://www.vpkgroup.com/en/746

VPK Packaging Group plans an investment in a new Papermill.

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]]> 17-07-2008 Smart Packaging Solutions http://www.vpkgroup.com/en/739 http://www.vpkgroup.com/en/739
Former business activities of VPK Packaging continued under the name of Smart Packaging Solutions. The Smart Packaging Solutions logo perfectly depicts the company’s fundamental values :

‘Smart answers for tomorrow's packaging needs’

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]]> 01-07-2008 Interim Announcement May 2008 http://www.vpkgroup.com/en/728 http://www.vpkgroup.com/en/728
  • Profit margins under pressure due to high energy prices
  • Volumes increase despite poor consumer confidence
  • R&F Folding Boxes NV joins VPK Group
  • Start-up period for paper mill in Oudegem (B)
VPK Interim Announcement May 2008.pdf (163 KB)

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]]> 20-05-2008 Consolidated annual results year 2007 (EN+FR) http://www.vpkgroup.com/en/719 http://www.vpkgroup.com/en/719
  • Operating income rises with 17,3 % to 617 mio EUR
  • Operational cash flow margin (EBITDA) rises 16% to 70,5 mio EUR
  • High raw material- and energyprices
Consolidated annual results year 2007.pdf (77 KB)

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]]> 18-03-2008 Twinpack BV sold to Noorderhuys Participaties BV http://www.vpkgroup.com/en/706 http://www.vpkgroup.com/en/706
  • Twinpack BV is sold to Noorderhuys Participaties BV
  • VPK Packaging Group focuses on the production of protective packaging based on recycled fibre

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]]> 11-12-2007 Consolidated results first half 2007 http://www.vpkgroup.com/en/696 http://www.vpkgroup.com/en/696 14-09-2007 Consolidated annual results year 2006 (EN+FR) http://www.vpkgroup.com/en/647 http://www.vpkgroup.com/en/647
    • Profit margins heading for recovery following low point in 2005.
    • Operational cash flow margin (EBITDA) rises from 9.2% to 11.5%.
    • Strong investment programme should support continued growth.
Résultats annuels consolidés exercise 2006 - la version française.doc (99 KB)

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]]> 20-03-2007 Consolidated results for the first half of 2006 http://www.vpkgroup.com/en/557 http://www.vpkgroup.com/en/557
  • Sales up by 10.5 %, EBITDA 18.4 % higher.
  • Markets balanced due to increased demand and capacity reductions.

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]]> 21-09-2006 VPK intents to invest 50 mio € (EN+FR) http://www.vpkgroup.com/en/541 http://www.vpkgroup.com/en/541
VPK Packaging Group intents to invest 50 mio € in the modernization of its papermill in Oudegem.

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]]> 29-06-2006 Consolidated annual results Financial year 2005 http://www.vpkgroup.com/en/55 http://www.vpkgroup.com/en/55
  • Results for 2005 are characterised by an increased turnover and by very modest profit margins
  • The operational cash flow (EBITDA) fell to 9 %
  • The strong balance sheet was maintained 2003’s results are in line with expectations, given the adverse economic climate

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]]> 22-03-2006 Further expansion of core division http://www.vpkgroup.com/en/505 http://www.vpkgroup.com/en/505
VPK Packaging Group has signed a declaration of intent with the French group Abzac S.A. to acquire 4 tubewinding companies situated in Luxemburg, Poland, the Czech Republic and Norway. These 4 companies have a combined turnover of 22 Mio € and are an important complementary expansion of the existing cores activity of VPK Packaging Group. The completion of this transaction is foreseen in February 2006. After a successful completion of this transaction, the turnover of the Cores division will increase from 45 Mio € to 67 Mio €.

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]]> 11-01-2006 Consolidated results 1st half 2005 http://www.vpkgroup.com/en/56 http://www.vpkgroup.com/en/56
  • Volumes rose by 5 % in paper and by 23 % in packaging.
  • Half-year results for 2005 are characterised by a 13.7% increase in turnover.
  • Margin in all sectors of activity under pressure.

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]]> 22-09-2005 Consolidated Annual Results 2004 http://www.vpkgroup.com/en/610 http://www.vpkgroup.com/en/610
  • 2004’s results are characterised by a slight increase of the turnover and the market share but also by smaller profit margins.
  • Operational cash flow (EBITDA) fell by 10,2% and net cashflow by 7,4%
  • The strong balance-sheet stayed intact : further decrease of the net financial debt.

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]]> 23-03-2005 VPK increases participating interest in Ondulys http://www.vpkgroup.com/en/606 http://www.vpkgroup.com/en/606
VPK Packaging Group has reached an agreement with the shareholders of the Ondulys group to increase its shareholding from 50 to 95%.

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]]> 04-02-2005 VPK Packaging Group expands its business in Belgium http://www.vpkgroup.com/en/603 http://www.vpkgroup.com/en/603
VPK Packaging Group has purchased 2 companies in Belgium in order to strengthen and expand its existing business.

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]]> 16-11-2004 Consolidated results 1ste half 2004 http://www.vpkgroup.com/en/617 http://www.vpkgroup.com/en/617
The operating income increases by 2.1%. The operating profit (EBIT) is under pressure as a result of the sharp increases in the costs and the overcapacity on the paper production market.

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]]> 20-09-2004 Consolidated annual results 2003 http://www.vpkgroup.com/en/596 http://www.vpkgroup.com/en/596
  • 2003’s results are in line with expectations, given the adverse economic climate
  • Operational cash flow (EBITDA) fell by 4.9% and current net profit by 7.9%
  • The balance-sheet structure was further strengthened by reducing the net financial debt to €14 million
  • It is proposed to increase dividends by 15%

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]]> 23-03-2004 VPK expands its trading activities in the Netherlands http://www.vpkgroup.com/en/569 http://www.vpkgroup.com/en/569
VPK Packaging Group expands its trading activities in the Netherlands through the acquisition of Maasbach Verpakkingen B.V.

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]]> 14-11-2003 VPK expands corewinding activities in the UK http://www.vpkgroup.com/en/592 http://www.vpkgroup.com/en/592
VPK Packaging Group has purchased a corewinding company in the UK in order to strengthen and expand its existing business.
This acquisition fits perfectly with the group’s strategy of offering creative responses to its customer’s packaging requirements in an effective, flexible and competitive manner.

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]]> 14-11-2003 Consolidated results: 1st half 2003 http://www.vpkgroup.com/en/585 http://www.vpkgroup.com/en/585
The turnover increases, especially thanks to recent acquisitions, by 8.8%
The operational cash flow (EBITDA) remains stable
The current net profit increases by 19.1%  

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]]> 19-09-2003 Consolidated annual results 2002 financial year http://www.vpkgroup.com/en/573 http://www.vpkgroup.com/en/573
Operating results for 2002 in line with expectations in an unfavourable economic climate. International expansion and strong balance sheet limit fall in profits. Net profit rises by 16.6% thanks to exceptional capital gains.

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]]> 25-03-2003