The Harvest House cooperative closed the 2019 financial year with a turnover growth of over 10%. This became clear during the general members' meeting.
The members of Harvest House confirmed the 2019 financial statements on June 18 during the general members' meeting. The combined turnover of the cooperative and its companies grew in 2019 by more than 10% to € 835 million, while the area grew to 1031 ha. Brokerage turnover rose by 12%, mainly due to more product offerings due to members' larger areas and an average higher yield per hectare. The turnover of their own companies grew by 13%, largely due to more sales to European retailers. Snijpunt's results, which was acquired in 2018, contributed positively to this. In the past year, the cooperative invested in expanding Snijpunt's production hall and automating the production process.
Outlook for 2020
Harvest House is one of the largest growers' associations in the Netherlands and represents more than 50 growers of tomatoes, peppers and cucumbers. Harvest House focuses on providing added value and therefore increasingly invests in innovation. The activities of Snijpunt and Food Fellows, which focus on processed (fruit) vegetables, are a good example of this. More product innovations will come on the market in the coming years under the consumer brand Food Fellows.
In the year 2020, Harvest House will focus on the impact of the coronavirus. Until now, the cooperative has been successful in continuing its main business activities and continuity is not at stake.