Rexam Plc Reports Record Results For 2001

Rexam plc has turned in a record year for 2001 as it completes its focusing on consumer packaging for the beverage, healthcare, beauty and food markets. Sales for the year 2001 were £3,488M, an increase of 25% (£2,784M), with operating profit before goodwill amortisation and exceptional items up 20% to £333M. Profit before taxation, goodwill amortisation and exceptional items reached £218M, an increase of 8% over the year 2000. Mr J Lancaster, Rexam's Chairman, commenting on the results said, "Rexam is today a company with a clear focus on consumer packaging. We have returned a record year, now we must concentrate on maximising the opportunity that we have created and on delivering increased levels of shareholder value. 2002 has already started on course. A better pricing environment in the US beverage can market gives added encouragement."

Author
Un-named
Origin
Unknown
Journal Title
Ing Glass Journal 118/2002 20
Sector
News Items
Class
N 1261

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Rexam Plc Reports Record Results For 2001
Ing Glass Journal 118/2002 20
N 1261
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