Brief: Navigator To Increase Tissue Prices Between 8% To 10% To Mitigate Production Costs

Navigator SA

24/04/2024 16:12

April 24 (Reuters) - Navigator Company SA  NVGR.LS :
    * INCREASES TISSUE PRICES BETWEEN 8% TO 10% TO MITIGATE
PRODUCTION
COSTS
    * INCREASED PRICES IN ALL MARKETS WHERE IT OPERATES, FOR
DESPATCH
FROM MAY 2024
    * THIS EXCEPTIONAL MEASURE IS ESSENTIAL TO GUARANTEE
LONG-TERM
SUSTAINABILITY NOT ONLY OF ITS BUSINESS MODEL AND FINANCIAL
BALANCE, BUT ALSO OF GLOBAL SUPPLY CHAIN
    * DECISION TAKEN IN WAKE OF ACCELERATED REVERSAL OF CYCLE
THAT WAS
ACCENTUATED SINCE AUGUST 2023, WHEN VERY SIGNIFICANT INCREASE IN
PRODUCTION COSTS BEGAN, PARTICULARLY IN PULP, MAIN COST FACTOR
IN TISSUE PRODUCTION

Source text: https://tinyurl.com/5bmzcuxm
Further company coverage:  NVGR.LS 

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