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Berger Paints
Berger Paints, which commenced manufacturing paints in the Caribbean in 1953 and claims to be the largest Paint Manufacturing Company in the English speaking Caribbean is reporting a J$90,000 loss after their first 6 months ending September 2011 compared to a profit of J$12.4 million for the same period in 2010.
It is fair to note however that they had one off costs of J$17.5 million related to a restructuring exercise in 2011 aimed at improving efficiencies in their manufacturing process. They are also reporting an increase in revenue of 9.4% for the six months to J$670.5 million compared to J$613.0 million for the six months in 2011 compared to 2010.
About Berger
With manufacturing centres in Barbados, Jamaica and Trinidad, they advise that the most notable contribution to Berger’s has been the Company’s on-going commitment to the development and manufacture of paint products which are technologically correct, environmentally friendly and formulated to withstand harsh tropical conditions.
