IFCO has announced that it continued with strong revenue and EBITDA growth in 2010, in line with expectations laid out earlier in the year.
According to the group, currency adjusted revenues grew by 9.1 per cent year-on-year to US$785m (€581.5m) during 2010, while currency adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) improved 20.1 per cent to US$150m (€111m).
RPC Management Services delivered gains in currency adjusted revenues of 18.3 per cent on 2009 to US$452m (€335m), with EBITDA up 20.4 per cent to US$135m (€100m).
Revenues in the Pallet Management Services business segment dropped to US$333m (€247m), while EBITDA grew 10.3 per cent to US$25m (€18.5m).
