In difficult economic conditions, Gallus Group achieves a turnover of CHF 193 million in 2012 - Board of Directors elects new Chairman and Delegate
Steady business in a difficult environment
The debt and banking crisis had its effect on demand from customers in the industrialised countries in 2012. However, the business performance in developing and emerging countries was good, despite their slowing economies. Gallus achieved a satisfactory volume of sales in this environment with a turnover of CHF 193 million (2011: CHF 201 million). The label business showed slight growth, while the general economic situation had a bigger effect on the more project-based folding box business.
Gallus Group has a new Board Chairman and Delegate
After working for 20 years for the Gallus Group with great success, the current Chairman of the Board, Peter J. Hauser, has reached retirement age and has stepped down.
The Board of Directors has elected Stephan Plenz, already a member of the Board of Directors, to be the new Chairman.
Klaus Bachstein was has been elected to the Board of Directors and will become delegate of the Board of Directors.
By making these personnel changes, the Board of Directors is ensuring continuity in its management.
The Gallus Group
The Gallus group is the world market leader in the development, production and sale of narrow-web, reel-fed presses designed for label manufacturers. Its folding carton business is being developed with a range of wide-web, reel-fed presses and die-cutters for the cost-effective in-line production of folding cartons and cardboard products. Its range of machines is complemented by consumables, local service and spare parts throughout the world. In 1999 Gallus entered into a cooperation agreement with Heidelberger Druckmaschinen AG, the world market leader for print and media industry solutions. Gallus employs around 580 people, of whom 270 are based in Switzerland. The group headquarters is in St. Gallen.