CONTENTS: TETRA LAVAL TETRA LAVAL INTERNATIONAL TETRA LAVAL INTERNATIONAL TETRA LAVAL IN BRIEF TETRA LAVAL – 2017 IN BRIEF TETRA LAVAL GROUP SUPPORT COMMENTS BY THE CHAIRMAN OF THE BOARD TETRA LAVAL GROUP BOARD SIDEL FACTS DELAVAL FACTS TETRA LAVAL SUSTAINABLE GLOBAL LEADERSHIP TEAM STRATEGIC DIRECTIONS TETRA LAVAL AROUND

MANAGEMENT TEAM STRATEGIC DIRECTIONS GROUP MANAGEMENT TEAM STRATEGIC DIRECTIONS

The Tetra Laval Group consists of three industry groups, Tetra Pak, Sidel and DeLaval, all focused on technologies for the efficient production, packaging and distribution of food. The head of each industry group has operational management responsibility for the respective industry group and reports directly to the Tetra Laval Group Board. The Group Board is responsible for the overall strategy of the Group and for controlling and supervising all of its business operations. The chairman ensures the implementation of the Group Board decisions and the implementation of strategy and policy for the...

2017 – Year in brief for the Tetra Laval Group Net sales for the Tetra Laval Group amounted to €13.9 billion. TETRA PAK • Net sales for Tetra Pak increased to €11.5 billion. • Tetra Pak launched an array of new products and solutions in 2017, as its long-standing commitment to customer-focused innovation continued to deliver results. These included two new Tetra Pak® E3 filling machines, completing the range so that customers can now use this technology to produce ambient, chilled and extended shelf-life products in both family and portion sizes. The company also launched a High Shear Mixer that...

TETRA LAVAL COMMENTS BY THE CHAIRMAN OF THE BOARD 2017 was a year when all three industry groups delivered growth. Tetra Laval Group’s net sales amounted to €13.9 billion, a nominal increase of about 1 per cent compared to 2016. At comparable rates, sales increased by 1.7 per cent. The reason for the increased sales was that both capital equipment sales and service sales grew for all industry groups. Driving factors were increased demand and an attractive customer offering. However, the strengthening of the euro versus the USD negatively impacted sales. Operating profit improved in absolute terms...

IMPROVING PET DEMAND FOR SIDEL For Sidel, order intake increased by 3 per cent thanks to improved market share in a slightly declining market for PET equipment as well as continued growth in service. Profitability also improved, but is still not at the target level. The improvement is explained by cost reductions from the current transformation programme. A large number of important product launches and innovations were presented at the Drinktec exhibition and they were very well received. The SuperCombi® launch is a milestone for Sidel, reducing floor space requirements and providing more efficient PET-line...

TETRA LAVAL GROUP BOARD 01. Lars Renström Chairman of the Board since 10 June 2016. Lars Renström joined the Board as non-executive director in 2013. Lars Renström was President and CEO of the Alfa Laval Group 2004 – 2016. He has previously held positions as President and CEO of Seco Tools, President and head of Atlas Copco’s Rock Drilling Tools division and head of Ericsson’s Telecom Cables Division. He is currently also Chairman of the Board of Assa Abloy AB. 02. Paul Conway A non-executive director since 2014. Paul Conway OBE. Former Vice Chairman of Cargill Inc and Chairman of Carval Investors...

PROTECTS WHAT’S GOOD €11.5 Tetra Pak is the world leader in food processing and packaging solutions. For more than 65 years, we have worked with customers across the globe to help make food safe and available, everywhere. Continually building on our heritage of innovation, our deep market knowledge and our commitment to sustainable development, we focus on enabling them to deliver products of outstanding quality and consumer appeal, while maintaining the highest standards of food safety and operational performance. CUSTOMER VALUE GOES BACK TO ITS ROOTS Tetra Pak was built on delivering customer...

HIGH-PERFORMANCE PACKAGING PRODUCTION SOLUTIONS The Sidel Group helps package beverages, food, home and personal care products in PET, can, glass and other materials. Comprising three strong brands - Sidel, Gebo Cermex and Novembal - we are passionate about providing complete solutions that fulfil customer needs and boost the performance of their lines, products and businesses. PERFORMANCE THROUGH UNDERSTANDING When liquid packaging producers work with the Sidel Group, the end result is a solution that enables them to optimise their product packaging and grow their business. They need to consider...

WE MAKE SUSTAINABLE FOOD PRODUCTION POSSIBLE DeLaval is a full-service supplier to dairy farmers. The company develops, manufactures and markets equipment and complete systems for milk production and animal husbandry worldwide. Service and sales of a wide range of accessories are also key aspects of DeLaval’s operations. The company supplies highly efficient system solutions for milking, herd management, animal traffic control, feeding, cooling, manure handling, ventilation and energy recovery. SOLUTIONS DeLaval offers automatic and conventional milking systems, cooling and feeding systems, effluent...

Tetra Laval around the world Tetra Laval contributes to the lives of people around the world in many positive ways. Our three industry groups – Tetra Pak, Sidel and DeLaval – provide innovative systems that improve the efficiency, quality and safety of food production, processing and packaging. TETRA PAK MAJOR NEW FACTORY FOR SELECT MILK IN US When Select Milk Producers in the US decided to build a new plant in Littlefield, Texas, it chose Tetra Pak to install all of the processing equipment and automation controls. Scheduled to come on stream in April 2019, the new plant will process raw milk...

TETRA PAK WORLD’S FIRST PERSONALISED CARTON PACKAGE In an innovative campaign designed to engage children, Al Safi Danone teamed up with Tetra Pak in Saudi Arabia to launch the world’s first personalised carton package for its leading Safio flavoured-milk brand. The Safio MyPack campaign was promoted in shopping malls throughout the country, allowing children to engage in various activities at Safio booths. The 25 most common names for boys and girls were chosen by Al Safi Danone for printing on TBA 200 ml Slim Leaf carton packages for all flavours: chocolate, banana, strawberry and plain. Supported...