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Source: Plasteurope 5/29/2007

Tupper Ware Profits Rise in 2007

Plastic household goods manufacturer Tupperware (Orlando, Florida / USA; www.tupperware.com) has reported first quarter 2007 operating profit of USD 37.8m, up 17% on the same period last year. Sales increased by 8% year-on-year to USD 457m. Particularly strong growth in Japan, Malaysia, the US, China, India and Indonesia helped boost overall sales performance. Profit gains in Asia Pacific and North America were offset by a general decline in Europe, primarily from Germany. The company is forecasting full year sales up 3-5% at around USD 1.85 bn in 2007.

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