PSB Industries reported un-audited earnings results for the first quarter of 2014. For the quarter, the company reported revenue of €64.1 million compared to €65.0 million and operating results (EBIT) of €5.3 million compared to €4.8 million for the last year. This improvement was right in line with projections and largely the result of: Improved Custom Packaging performance EBIT of €0.3 million supported partly by the Healthcare market, plus early earnings from Agri-food initiatives implemented in summer 2013, A strong showing in Beauty Packaging EBIT of €3.9 million spurred by continuous improvement and industrial excellence measures, as well as new product launches in the Luxury & Beauty market and steady performance from the Industrial and Hygiene segments, Consistent results from Specialty Chemicals EBIT of €1 million in the Lighting & High Tec Industries, in spite of rare earth delivery delays and unfavourable exchange rates.

The group confirms its outlook for 2014 as per its strategic plan, with operating results (EBIT) above 8%.