Spanish glass packaging manufacturer, Vidrala, has reported record increases in its sales and profits for 2012.

The company is forecasting that its profits will continue rising and that it will continue to grow its business and cut its debts, due to its performance in exports and increase in market shares for customers.

The biggest markets for growth for the company include Germany, the UK and Italy. The company invests almost €50m (US$66.74m) a year in optimising its facilities.