Group Fontestadone of the leading companies in Spain in citrus production and marketing, it stops turnover 165.3 million euros during the 2021 campaign (which ended on August 31), which represented a lower figure than the previous season, although he achieved a net profit 5.2 million euros, which is 6.12% higher than the previous year. In a second campaign marked by the economic impact of the coronavirus, the Fontestad family’s orange empire, headquartered in Muserhighlighting the activities of its French and English subsidiaries, Fontestad UK Limited.
The Valencia company stands out in terms of management report that “an increase in citrus production, with production in Spain of 7,045 million tonnes, 12.6% over the previous campaign” increased activity across the sector. This situation, together with increased consumption, has allowed the Valencian company to maintain a financial year in which it has increased its commercial margins.
Despite the gradual decline experienced by citrus cultivation in the Valencian Community, Fontestad is committed to its own production, as this autonomy unites more than half a hectare cultivated and produced throughout Spain. more than 50% of its sales go to the European Union (EU) and exports increase their business. It the total number of countries where Fontestad operates is 15 (compared to 17 countries in the 2019/2020 financial year), with Spain, France, Germany and the United Kingdom where most operations are conducted. The main customers are large national and international supermarkets, as well as food product stores. The company and its subsidiaries have permanent workforce of 1,290 workers you 203, on a temporary contract.
Logistics at Mercamadrid
Through related companies, Orange wholesale in Madrid, Fontestad has four stalls in Mercamadrid that allow it to span all of Spain. The annual volume of oranges and other commercial products is 34 million kilograms and the facility has a storage, space and cold storage capacity of more than 280,000 kilograms. For growing up abroadin perpignan (France) has a platform of 15,000 square meters that serves as a logistics and commercial warehouse for the international region. The average annual storage capacity at this facility is 50,000 tonnes.
Fontestad has four positions at Mercamadrid that allow it to reach all of Spain
The orange group is also part of the board of directors Mediterranean Valencia Juice (factory located in Parc Sagunt) and served as Vice President. The company is dedicated to the production and marketing of fruit juices and their derivatives.
Energy efficiency
The group has launched an energy management program that uses a mix of energy, sunlight and artificial light “the most suitable for the activity and ensure the effectiveness of its use in various processes”, he explained in his management report. Fontestad started operations in the financial year 18/19 some photovoltaic panels whose goal is to be more energy efficient. ITotal investment of 1.06 million euros.
In previous years, the group received 15.5 million euros for investment support programs to improve processing and marketing conditions for agricultural and food products, which were provided to the Group’s parent companies by the European Fund Agricultural Guarantee (FEOGA). In 2019 formed Fontestad Energy to promote the development and operation of photovoltaic plants in its agricultural business.
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