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Camposol sales increase by nearly 50%

Camposol's 2Q-17, sales were USD 70.4 million, up 44.9% from 2Q-16. This increase was explained by higher sales due to the higher volume and prices of avocados and increased aquaculture.

The Company expects to continue its diversification strategy by; increasing production of the F&V Division (blueberries, avocados and tangerines) and reinforcing relations with clients, adding value through commercial strategies, marketing and service initiatives.

Prospects for the long-term growth of exotic fruits and vegetable markets are excellent. Avocado and blueberry consumption is growing, with headroom for increased per capita consumption in key markets. The Company expects good demand for all fresh produce in general in both the United States and Europe.

"The Company's strategic decision to focus on fresh and healthy products and to offer a recognized value proposition directly to the retailers, along with a proper execution throughout all our value chain, is what is making it possible to deliver these results. We expect that with favorable market trends and a team highly focused on the strategy, that will continue," stated Jorge Ramirez Rubio, CEO of Camposol.

For further information, please contact:
Andrés Colichón
Tel: +511 621 0800 Ext: 7171
acolichon@camposol.com.pe
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