Post by CPH Group AG

Despite Covid-related distance and hygiene measures, two dozen analysts and professional #investors attended this year’s Investors' Day in Perlen where they were informed about the course of business in the first half of the year. “After a very challenging second quarter in which the demand for paper fell by up to 40%, the situation has somewhat improved. Nevertheless, the demand for paper in the second half of the year is likely to be 20 to 30% below the previous year’s level,” explained Peter Schildknecht, CEO of the CPH Group. In contrast, the Packaging Division is expected to achieve another record result in 2020. With the construction of a coating plant in Brazil, the division will drive expansion in the growth markets. Regardless of declining demand, Klemens Gottstein, Head of the Paper Division, is optimistic for the future—not least thanks to Perlen Papier AG’s #sustainability efforts. Having consistently reduced its emissions, Perlen Papier now has a #carbonfootprint which is 75% smaller than those of its European competitors. During the tour of the production facilities, the attendees got comprehensive insights into the complete paper production process.