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Packaging & design

VPI on top form

VPI, the subsidiary of French group Faiveley Plasturgie specialising in the cosmetic, beauty and pharmaceutical sectors, shows “a remarkable health” with a turnover of EUR 13.5 million for the fiscal year 2007-2008, and a 40% growth rate over the last 30 months, the company announced recently.

The whole group’s turnover also progressed by 1.1% to reach EUR 66.6 million, on a like-for-like basis. , Faiveley Plasturgie also announced its net result increased and that its dept decreased by 23%. According to the company, these good performances find their source in the sale of Sogena, the former moulds manufacturing unit of VPI, and also in the reinforcement of the group’s factories in China and Slovakia.

As far as VPI is concerned, the company’s strong growth is due, on the one hand, to the enlargement of its customership in the cosmetics and perfumes segments, and on the other hand, to the opening of new markets in the pharmaceuticals and high-end spirits segments.

Looking forward with optimism, VPI expects to reach a EUR 18 million turnover within the next two years and already invested EUR 2 million in its manufacturing facilities. New equipments have been installed in the Orgelet (Jura, Eastern France) factory, which has been reorganised entirely.

For the future, VPI also stands on innovation and on synergies within the Faiveley group. Currently, the company is developing new designs of make-up boxes, using an over-moulding technique for the mirror. Similarly, VPI is also working on new concepts such as silicon over-moulding and ceramic injection.

© 2008 - Premium Beauty News - www.premiumbeautynews.com
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