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The Valencian manufacturer closed last year’s financial year with a 17.5% increase, reaching an overall turnover of 629 million euros. Vicky Foods thus marks a new milestone with this increase in sales (+5.4% in volume) derived from the manufacture of more than 214,000 tonnes of products distributed to 70,000 points of sale in Spain alone.
Meanwhile, its bread division grew in volume by 6.5%, especially in the hamburger bread category, and its bakery and pastry division increased its sales by 4.5%, the company said in a statement.
In the same official note, they also added that, despite the complexities of the social context, ‘these positive results consolidate the company’s growth track, which maintains its family business philosophy while promoting its strategy of diversification, internationalisation, innovation and sustainability to reach a growing number of consumers around the world’.
Internationalisation
The food company also has an international expansion strategy, based on sales and manufacturing outside the national territory with which it is currently present in more than 60 markets. Currently, sales abroad account for 136 million euros, 21.6% of total turnover, which increased last year by 17.2%.
In this respect, its main international markets are France, Portugal, Algeria and the United Kingdom. However, the big news comes with its forthcoming manufacture in France. A move that began last year with the plan to build a factory that will require a total investment of 79.5 million euros. The forecast is that production will start at the beginning of 2025, and that it will be conceived as a centre for the production of bakery and pastry products.