DGAP-Adhoc: Airopack Technology Group AG is pleased to share an update on recent customer launches

Airopack Technology Group AG is pleased to share an update on recent customer launches

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EQS Group-Ad-hoc: Airopack Technology Group AG / Schlagwort(e):

Umsatzentwicklung

Airopack Technology Group AG is pleased to share an update on recent

customer launches

10.05.2017 / 07:01 CET/CEST

Veröffentlichung einer Ad-hoc-Mitteilung gemäss Art. 53 KR

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Airopack Technology Group AG is pleased to share an update on

recent customer launches

Baar, 10 May 2017 - Airopack Technology Group AG ("ATG") is pleased to

update their shareholders on new product lines using ATG technology that

have launched and are now available in retail stores around the world:

* Procter & Gamble, Gillette Venus with Olay Ultra Moisturizing, Shave Gel

* Beiersdorf, Labellino | Labello - Raspberry & Apple and Fresh Mint, Lip

Care

* Edgewell, Bulldog Foaming Original Shave Gel

Airopack Technology Group AG is extremely pleased to update its shareholders

on these product launches. These leading global brands have chosen the

patented and planet-friendly ATG packaging technologies of Airopack and

Airoball to create a highly distinctive shelf presence, in addition to other

commercial and environmental benefits.

Business update

The new state-of-the-art plant in Waalwijk, The Netherlands, with an initial

annual capacity of 80 million pieces of Airopack, has been successfully

built within only 168 days, and commenced operations in December 2016. All

assets are installed and fully operational according to plan, both in terms

of utilization and manufacturing costs. Based on actual run rates so far,

the annual capacity of the current production lines can be increased to 100

million pieces annually with only minor additional investments. The Waalwijk

plant is now compliant with an AQL level of 0.065 for critical defects,

representing the highest quality standards in our industry. ATG is in the

advanced stages of preparation for doubling the manufacturing capacity of

the plant to 200 million pieces per annum and asset build is provisionally

scheduled to start in the second half of 2017.

Outlook

Based on the strong and successful development of the current customer and

sales pipeline, ATG expects an ongoing positive evolution of Airopack sales

and results. ATG's Board of Directors and Group Management remains confident

that its mid-term goal of a run rate volume of over 700 million pieces

annually can be achieved, compared to a total aerosol market of 15.48

billion annual units as of the end of 2015*.

* Source: Grand View Research, Inc., U.S.A., publication date: May 2016

For more information:

Investors:

Airopack Technology Group AG

Quint Kelders, CEO / Liebwin van Lil, CFO

Zugerstrasse 76b

CH-6340 Baar

TF: +31 416 300 800

E-Mail: quint.kelders@airopackgroup.com

E-Mail: liebwin.vanlil@airopackgroup.com

www.airopackgroup.com

Airopack Technology Group AG is a leading developer and supplier of

mechanical and pressure-controlled dispensing packaging technologies

and systems for manufacturers and suppliers of cosmetics, body care,

pharmaceutical and food products. The revolutionary and worldwide and

solely by ATG patented Airopack(R) technology offers a safe,

all-plastic pressurized dispenser that is environmentally and planet

friendly

Airopack Technology Group operates a Airopack Ready to Fill

manufacturing facility in Waalwijk, The Netherlands and a Full-Service

Filling operation in Heist-op-den-Berg Belgium, an Global Research and

Development Team and the Airopack Global Management and Customer

Service Organisation in Waalwijk, The Netherlands.

The shares of the company are listed on the Swiss Reporting Standard

of the SIX Swiss Exchange since 2010. (Ticker: AIRN / ISIN:

CH0242606942).

www.airopackgroup.com

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Ende der Ad-hoc-Mitteilung

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Sprache: Deutsch

Unternehmen: Airopack Technology Group AG

Zugerstrasse 76b

6340 Baar

Schweiz

Telefon: +41 417663500

Fax: +41 417663509

E-Mail: liebwin.vanlil@airopackgroup.com

Internet: www.airopackgroup.com

ISIN: CH0242606942

Börsen: SIX Swiss Exchange

Ende der Mitteilung EQS Group News-Service

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571679 10.05.2017 CET/CEST

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