· This result was made possible thanks to several factors: a 6% increase in production, strong growth in foreign markets, the addition of new brands, and significant development in its commercial division both within and outside of Spain.
· The international business reached €116 million.
· Regarding investments, more than €21 million was allocated to improvements in procedures and processes, infrastructure, and the development of R&D+i projects, among others.
· As part of its ESG (Environmental, Social, and Governance) objectives, the company doubled its electricity generation capacity through photovoltaic plants and obtained the "Zero Waste" certification from EQA.
Vicky Foods closed 2022 with a turnover of €536 million and a 6% increase in production volume, surpassing 203,000 tons of products. This way, the international food holding continues its growth trend despite the challenging economic circumstances of the past year.
70 Years as a Leader in the Food Industry
In 2022, Vicky Foods, which celebrated its 70th anniversary, continued its commitment to innovation and diversification. It consolidated its leadership in the bread division with a 12% increase in production volume compared to 2021, maintaining bread as the company's primary production category, accounting for 58% of the total volume. As part of its diversification strategy, the company also launched FIT'z®, its new brand of frozen pre-cooked products, adding to its portfolio of over 350 products through brands such as Dulcesol® (offering bread, pastries, bakery items, and ice cream), Be Plus® (focusing on healthy and convenient food), Horno Hermanos Juan® (offering frozen pastries and bread for the hospitality and foodservice industry).
International Presence in Over 60 Countries
International business remained a fundamental growth driver, contributing to 21% of the revenues in 2022. In total, the holding reached €116 million, marking a 30% increase compared to 2021. Looking ahead, the growth plan involves continuing to expand strategically in existing markets and opening new ones that align with healthy and innovative consumption trends.
Investments in Health, Sustainability, and Technological Innovation
In 2022, Vicky Foods allocated more than €21 million to investments, which were directed towards improving procedures and processes, infrastructure, as well as the development of new proposals and R&D+i projects.
A portion of this budget was also dedicated to one of the company's latest projects, the modernization of its packaging printing plant in La Pobla del Duc (Valencia), including the incorporation of state-of-the-art machinery and sustainability-related aspects. These renovations, which began in the middle of the year and expected to conclude in 2024, have a budget exceeding €4 million.
An Increasingly Sustainable Development Model
Environmental responsibility, social commitment, and good governance are integral parts of Vicky Foods' business model, aligning with ESG objectives. As part of its environmental commitment, the company took a significant step forward in its responsible environmental management plan by doubling its electricity generation capacity through photovoltaic plants compared to the summer of 2021. The group invested nearly €2 million in its production centres in Villalonga and Gandía, as well as in its ovoproduct farm and major international holding branches. Furthermore, the company obtained the "Zero Waste" verification from EQA, attesting that Vicky Foods valorizes 99.98% of the waste generated in its production plants in Gandía and Villalonga (Valencia).
In the social sphere, the Vicky Foods Foundation presented the second edition of the "Vicky Foods Foundation Award for Research in Nutrition and Health," which was awarded to a project related to healthy and sustainable nutrition in bakery products.
To the press compartment of Vicky Foods Products SLU
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