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Organic sales growth accelerated to 8% in Q2, driven by a combination of underlying market strength and significant customer inventory pre-buying in the Materials Group.
Management attributes the strong performance to a step change in sales and earnings growth, even when excluding the temporary tailwind from customer stocking.
Materials Group growth of 10% was fueled by high-single-digit volume/mix and the initial implementation of pricing actions to mitigate rising raw material inflation.
High-value categories returned to mid-single-digit growth, led by specialty labels and the Embelex platform, which benefited from robust World Cup demand.
#sales #customer #single
Organic sales growth accelerated to 8% in Q2, driven by a combination of underlying market strength and significant customer inventory pre-buying in the Materials Group.
Management attributes the strong performance to a step change in sales and earnings growth, even when excluding the temporary tailwind from customer stocking.
Materials Group growth of 10% was fueled by high-single-digit volume/mix and the initial implementation of pricing actions to mitigate rising raw material inflation.
High-value categories returned to mid-single-digit growth, led by specialty labels and the Embelex platform, which benefited from robust World Cup demand.
#sales #customer #single
7 days ago
