Thailand, for example, demand from China totally collapsed early last year. In Europe, the lockdown resulted in panic-buying and more consumption at home. This triggered a strong demand for packaging designed for long-life products, which in the second half of the year had a positive impact on our sales.
Sales declined again due to market disruptions. Nonetheless, we look to the future with optimism. To establish a solid platform for growth in the coming years, we began quite some time ago to kick off various development projects. The emerging shift from food to non-food continues. It illustrates a considerable demand mainly for our innovative solutions in the non-food sector.
Wipf AG The changing of the guard at Wipf AG from Hans-Rudolf Schafflützel to Oliver Fankhauser took place smoothly. The new leadership team swiftly demonstrated its competence in this difficult year.
Wipf AG: Roll slitter with a packaging robot
wipfgroup Annual Report 2019/2020
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