Verallia has reported 3.0% organic growth across 2011 (1.7% in the second half), reportedly spurred by favourable trends in sales prices, which gained 2.7% as a whole and 2.8% in the second half of 2011.

According to the company, sales volumes recovered in the fourth quarter, particularly in Europe and Latin America, after being hit by inventory run-downs in the three months to 30th September 2011. The operating margin rose to 12.3% of sales (12.2% in 2010) as sales prices picked up pace in the second half.