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Carl Collen


Camposol reviews first nine months

Group sees sales soar for the January-Spetmeber period, driven by avocado volumes and prices

Camposol reviews first nine months

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Peruvian fresh produce leader Camposol has reported on its results for the first nine months of the year, with growth in sales expected to continue due to the sale of healthy products such as avocados and blueberries.

For the period ended 30 September, sales grew 37.2 per cent to US$240.6m, driven by higher volumes and prices of avocados, as well as higher shrimp volumes.

Camposol said it expected to continue its diversification strategy by increasing production of the F&V Division (blueberries, avocados and tangerines), converting open ponds into intensives ponds in Marinasol, and strengthening its relationship with clients adding value through commercial strategies, marketing and service initiatives.

Perspectives of long-term growth of fresh and healthy products are 'excellent', according to the group, with avocado and blueberry consumption growing, and with headroom for increased per capita consumption in key markets. The Company expects good demand for its products in North America, Europe and Asia.

"Our strategic decision to focus on fresh and healthy products and serving the retailers directly through our international commercial platform, continues delivering strong results," said CEO Jorge Ramirez Rubio. "Along these lines, we are happy to announce the opening of our third commercial office in Shanghai and the introduction of 'The Berry That Cares' brand that emphasises our social and environmental commitments. We will continue strengthening Camposol as a world class company."

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