Sequana reports that Antalis, the world’s largest paper distributor (outside the USA), strengthened its market share in Europe while continuing to deploy its strategy.
Antalis’ Packaging and Visual Communication distribution activities now account for 36% of its gross margin.
Antalis’ enhanced product mix
Sequana said that it benefited from an enhanced product mix mainly due to:
- Acquisitions by Antalis;
- Arjowiggins’ refocus on its specialty businesses;
- The favourable impact of consolidation in the European paper distribution market;
- Lower fixed costs resulting from the closure of Arjowiggins’ mills; and
- The streamlining of Antalis’ supply chain.