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Jean-Pascal Bobst, CEO, Bobst Group

Packaging machinery supplier to lower its turnover guidance for 2015

Bobst Group sees decrease in demand for special machines and complex lines

By Jenny Eagle

Packaging machinery manufacturer Bobst Group has lowered its turnover guidance for 2015 (from CHF1.25 to CHF1.33bn to CHF1.15 to CHF1.23bn) after the Swiss National Bank decided to discontinue the minimum exchange rate of CHF1.20 per Euro.

Crown Holdings chairman and CEO John Conway

Crown braves bad weather and tough macroeconomic conditions

By Ben Bouckley

Multinational food and beverage metal packaging firm Crown Holdings has braved bad weather and tough economic conditions in Europe and the US to grow third quarter (Q3) net sales by 10 per cent compared with the same period in 2010.

Mixed fortunes for Givaudan as high costs and currency rates counter growth in snacks, dairy and beverages

Givaudan profits slump despite flavours growth

By Nathan Gray

Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.

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