The price increase for both product ranges will be from 8 to 10% depending on format and country.
This price movement is essential in order to offset the continuous increase in manufacturing and distribution costs.
Lecta sales teams are at our customers’ disposal to provide specific information on how the price increase will be applied by product on a country by country basis.
http://www.lecta.com/en/news/Pages/Lecta-Will-Increase-Prices-of-Thermal-and-Carbonless-Copy-Papers-from-January-2nd-2018.aspx
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Highlights: *4Q21 Reported EPS of $2.19, down 4% driven by impact of extra week in prior year *4Q21 Net sales increased 9.7% to $2.2 billion *FY21 Reported EPS of $8.83, up 34% *FY21 Net sales increased 20.6% to $8.4 billion. “2021 marked the company’s tenth consecutive year of strong top- and bottom-line growth,” said Mitch Butier, chairman, president and CEO. “We delivered 19 percent revenue growth on a constant currency basis and 25 percent adjusted earnings per share growth, while generating record free cash flow.
Executive Summary
◦Second quarter 2017 net sales of $4.6 billion decreased 1 percent compared to the year-ago period, as organic sales were down 1 percent. Organic sales fell 2 percent in North American consumer products, reflecting category softness, less promotion shipments and competitive activity. Outside North America, organic sales declined 3 percent in developed markets and rose 2 percent in developing and emerging markets.
◦Diluted net income per share for the second quarter was $1.49 in 2017 and $1.56 in 2016. Results were impacted by lower sales and input cost inflation, while the comparison benefited from cost savings. Second quarter adjusted earnings per share were $1.53 in 2016, which excludes items described later in this release.
◦Full-year 2017 net sales and organic sales are expected to be similar, or up slightly, year-on-year. The company's previous estimate was for sales and organic sales to be up 1 to 2 percent.
◦The company anticipates full-year 2017 earnings per share will be at the low end of its target range of $6.20 to $6.35. Click Read More below for additional details.
Sustana is thrilled to join the ranks of hundreds of companies with GHG emission reduction targets approved by the Science Based Targets initiative (SBTi) and in line with limiting global average temperature rise to 1.5° C. We committed to reduce absolute Scope 1 and Scope 2 GHG emissions 42% by 2030 from a 2021 base year and have pledged to measure and reduce Scope 3 emissions. "Sustainability has always been at the root of Sustana's identity, and this commitment furthers our mission to mitigate climate change and be good stewards of the environment," said Fabian de Armas, Chief Executive Officer for Sustana.