Tetra Pak Riding Dual Growth Waves

Global food packaging and processing solutions giant Tetra Pak has announced strong 2007 financial results. The company saw total sales increase by 6.1% year-on-year to EUR8.7bn (US$13.9bn), with the fledgling processing solutions business growing 12% to EUR911mn (US$12.45bn), while packaging solutions sales increased by a solid 4.1% to EUR7.8bn (US$1.45bn). With Tetra Pak's primary growth driver - increased demand for processed and packaged food on the back of healthy economic growth in emerging markets - showing little sign of abating, 2008 looks set to be equally positive for the

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