Amadori Posts 4% Annual Growth, Opens New Production Line
Italian agri-food company Gruppo Amadori has reported 4% annual growth in turnover, to €1.25 billion, for its 2018 financial year.
Gross operating profit was up 2.3% year on year, to €106 million, during the same period.
The company reported that the positive results are an outcome of its constant investment policy.
The company invested more than €200 million in the last four years on developing new production chains, consolidating existing ones, and focusing on innovative products that are in line with the Italian food tradition.
Expressing satisfaction over the company’s performance, president Flavio Amadori said that it was because of “many projects [on] product and process innovation, as well as a commercial and marketing policy aimed at giving an increasingly higher level of service to [...] customers.”
The company also announced that Francesco Berti has officially stepped in as the managing director of Gruppo Amadori, after being appointed general manager last year.
New Production Line
Gruppo Amadori launched its new roasting production line in its factory in Mosciano.
An estimated 40-60 workers will be employed in the production of roast turkey and chicken, reports local daily Il Centro.
The company also introduced three shifts and a Sunday shift throughout the summer for its breadcrumb production line.
Amadori has a customer base of around 20,000 people, and its products account for more than 30% of the Italian poultry market.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: European Supermarket Magazine.