Airopack Technology Group

EQS-Adhoc: Airopack Technology Group AG is pleased to share an update on recent customer launches


EQS Group-Ad-hoc: Airopack Technology Group AG / Schlagwort(e):
Umsatzentwicklung
Airopack Technology Group AG is pleased to share an update on  recent customer
launches

10.05.2017 / 07:01 CET/CEST
Veröffentlichung einer Ad-hoc-Mitteilung gemäss Art. 53 KR
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Airopack Technology Group AG is pleased to share an update on
recent customer launches

Baar, 10May 2017 - Airopack Technology Group AG ("ATG") is pleased to update
their shareholders on new product lines using ATG technology that have launched
and are now available in retail stores around the world:

* Procter & Gamble, Gillette Venus with Olay Ultra Moisturizing, Shave Gel

* Beiersdorf, Labellino | Labello - Raspberry & Apple and Fresh Mint, Lip Care

* Edgewell, Bulldog Foaming Original Shave Gel

Airopack Technology Group AG is extremely pleased to update its shareholders on
these product launches. These leading global brands have chosen the patented and
planet-friendly ATG packaging technologies of Airopack and Airoball to create a
highly distinctive shelf presence, in addition to other commercial and
environmental benefits.


Business update

The new state-of-the-art plant in Waalwijk, The Netherlands, with an initial
annual capacity of 80 million pieces of Airopack, has been successfully built
within only 168 days, and commenced operations in December 2016. All assets are
installed and fully operational according to plan, both in terms of utilization
and manufacturing costs. Based on actual run rates so far, the annual capacity
of the current production lines can be increased to 100 million pieces annually
with only minor additional investments. The Waalwijk plant is now compliant with
an AQL level of 0.065 for critical defects, representing the highest quality
standards in our industry. ATG is in the advanced stages of preparation for
doubling the manufacturing capacity of the plant to 200 million pieces per annum
and asset build is provisionally scheduled to start in the second half of 2017.

Outlook

Based on the strong and successful development of the current customer and sales
pipeline, ATG expects an ongoing positive evolution of Airopack sales and
results. ATG's Board of Directors and Group Management remains confident that
its mid-term goal of a run rate volume of over 700 million pieces annually can
be achieved, compared to a total aerosol market of 15.48 billion annual units as
of the end of 2015*.

* Source: Grand View Research, Inc., U.S.A., publication date: May 2016

 


For more information:
Investors:

Airopack Technology Group AG
Quint Kelders, CEO / Liebwin van Lil, CFO

Zugerstrasse 76b
CH-6340 Baar
TF: +31 416 300 800
E-Mail: quint.kelders@airopackgroup.com
E-Mail: liebwin.vanlil@airopackgroup.com
www.airopackgroup.com

Airopack Technology Group AG is a leading developer and supplier of mechanical
and pressure-controlled dispensing packaging technologies and systems for
manufacturers and suppliers of cosmetics, body care, pharmaceutical and food
products. The revolutionary and worldwide and solely by ATG patented Airopack(R)
technology offers a safe, all-plastic pressurized dispenser that is
environmentally and planet friendly

Airopack Technology Group operates a Airopack Ready to Fill manufacturing
facility in Waalwijk, The Netherlands and a Full-Service Filling operation in
Heist-op-den-Berg Belgium, an Global Research and Development Team and the
Airopack Global Management and Customer Service Organisation in Waalwijk, The
Netherlands.

The shares of the company are listed on the Swiss Reporting Standard of the SIX
Swiss Exchange since 2010. (Ticker: AIRN / ISIN: CH0242606942).

www.airopackgroup.com

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Ende der Ad-hoc-Mitteilung------------------------------------------------------

Sprache:     Deutsch

Unternehmen: Airopack Technology Group AG

             Zugerstrasse 76b

             6340 Baar

             Schweiz

Telefon:     +41 417663500

Fax:         +41 417663509

E-Mail:   liebwin.vanlil@airopackgroup.com

Internet: www.airopackgroup.com

ISIN:        CH0242606942

Börsen:      SIX Swiss Exchange



 

Ende der Mitteilung EQS Group News-Service

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571679  10.05.2017 CET/CEST
 



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