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Annual Report 2010 - Melitta

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36 <strong>Melitta</strong> <strong>Melitta</strong>Unternehmensgruppe Group <strong>Annual</strong> <strong>Report</strong> Geschäftsbericht <strong>2010</strong> 2008<br />

<strong>Melitta</strong> Canada<br />

Sales growth in adverse market environment<br />

The Canadian economy was marked by general uncertainty<br />

and subdued consumer spending in <strong>2010</strong>. On the<br />

coffee market, business suffered from fierce competition<br />

as well as from rising costs which retailers passed on to<br />

suppliers and manufacturers. Moreover, the sharp rise<br />

in demand for single portion coffees of over 60 percent<br />

represented further strong competition.<br />

In view of these circumstances, we found it difficult to<br />

follow up the success of the previous year in our coffee<br />

business. Although revenue from coffee sales grew by<br />

four percent, it fell short of the double-digit growth<br />

achieved by the market as a whole.<br />

We made strong progress, however, in our filter paper<br />

business with double-digit growth in sales revenue –<br />

outpacing the market which grew by just five percent.<br />

This encouraging performance was mainly the result of<br />

our intensive marketing efforts and the success of our<br />

bamboo filter papers, which achieved an outstanding<br />

position on the market. This enabled us to counter the<br />

fast growing enthusiasm for single portion coffees.<br />

William J. Ivany<br />

CEO<br />

Thanks to the strong development in the field of filter<br />

papers, we reached a total of double-digit sales growth.

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