The member companies of the Industrial Association for Paper and Film Packaging (IPV) are expecting higher sales for the 2018 financial year. This was the result of an industry survey conducted by the IPV. According to the survey, companies are concerned about the cost trend for personnel and raw materials.
According to a quarter of those surveyed IPV The industry's optimism is also fuelled by the fact that more investments were made in the past financial year. The fact that more was invested in the past financial year also speaks in favour of the industry's optimism.
[infotext icon]„The overall positive development of our industry can continue this year if the cost increases are not too massive. We are investing in the breadth and depth of young talent and are aware that the costs of training and qualifying skilled workers will rise disproportionately. Despite the difficult situation on the labour market, our member companies are growing strongly and robustly and are building on innovation.“Klaus Jahn, Spokesman of the Board of the IPV[/infotext]
The number of employees is likely to grow. Half of the companies believe that the number of employees will remain at the previous year's level. A third expect rising employment figures.
The production value of the entire Packaging industry in the previous financial year was 32.1 billion euros.
