DULCESOL GROUP CLOSES 2016 WITH A TURNOVER OF €319 MILLION 

15 March 2017

The company has 35 production lines, spread between its two factories in Spain and Algeria, and a total of 2.100 employees.  The international market, whose volume of business has doubled over the last 4 years, achieved a turnover of more than €46 million. Last year, it invested €39.05 million to increase its production and distribution capacity, incorporate the latest technology, and undertake R&D projects.

The company has 35 production lines, spread between its two factories in Spain and Algeria, and a total of 2.100 employees.  The international market, whose volume of business has doubled over the last 4 years, achieved a turnover of more than €46 million. Last year, it invested €39.05 million to increase its production and distribution capacity, incorporate the latest technology, and undertake R & D projects.

Dulcesol Group, Spain’s lead pastry and confectionery manufacturer in terms of volume, has closed the fiscal year with a global turnover of €319 million, representing an increase of 5.3% over the previous year, and a total production of 142.926 tonnes.
According to its CEO, Rafael Juan, "our sales have increased in the last year because we have continued to expandon the international market". Internationalisation of the business is a fundamental part of its strategy. "Our foreign turnover has increased to €46.16 million and represents 14.47% of the total sum. This growth reinforces our objectives and confirms that we are on the right track," concludes its chief executive.

Throughout 2016, the company has made investments worth over €39 million. This figure includes, amongst other things, the sum set aside for facilities - expanding its plant in Gandia to include a new range of savoury baked goods (burger buns) which will triple its current production capacity, and the construction of new logistics centres in Alicante, Bilbao, Seville (Camas) and Tenerife to provide better service to customers, as well as on cutting edge machinery.
Another important chapter in this story is the  company’s commitment to the development of new products, with two important launches: Dulcesol Innova, a healthier product range that features the micro-algae Chlorella, famous for its regenerative power, and Macaroons, a revival of that most traditional of French sweets, which join the Dulcesol Black collection, reserved for only premium recipes.
 
At present, Dulcesol Group has production centres in Spain, specifically in Gandía and Villalonga (both in the Valencian Community), dedicated to the manufacturing of more than 2000 products (with 33 production lines). It also has an egg farm, which supplies 85% of its needs, and a printing plant for packaging reels and bags with 44 employees, which covers almost all (98%) of the group's packaging needs, with almost 2.400t of material. It also has a factory in Algeria, located near Oran (with two production lines), which has boosted the Dulcesol brand to a leadership position in the country's pastry sector.
 
In terms of Spanish marketing channels, the most notable are direct sales through chains and supermarkets, its main segment, along with local shops.
 
About Dulcesol Group

Dulcesol Group (Gandia, Valencia), a 100% family-owned manufacturer of different foodstuffs and leader - in terms of volume - of Spain’s confectionery and pastry sector, has a 60 year history, and an average workforce in 2016 of 2,100 staff members, of which almost 50% are women. Its main aim is to provide a quality range of products which are all free from hydrogenated fats, as part of its ongoing commitment to improving the nutritional content of its specialities.
 
Its main proprietary brands include Dulcesol®, Soles®, My Menu®, Pandorino®, TopCao®, Casado® and Gloria®. This year has seen the addition of the new HornosHermanos Juan® brand with a range of frozen pastries aimed at the hospitality sector. 2016 production reached 142.926 tons. It markets a very wide range of products - over 200 - developed within the framework of its diversification strategy. These include many benchmark products, either within its main business sector, pastries, or in others, such as  different varieties of bread, savoury pastries, baby food (My Menu®) or sweet sandwich spreads .
 
Since 2010, Dulcesol Group has been investing in facilities, cutting-edge machinery and multiple projects related to product development, with a total value of over €150 million.
 
The company is undertaking an ambitious international expansion plan which has seen its presence established in 46 countries. Its plant near Oran, Algeria, which opened in 2014, is the first step in its commitment to foreign expansion. The €46.16 million turnover in the international market represents almost 14.5% of the group's business.  The main purchasers of its products are Algeria, France, Italy, Morocco, Portugal and the United Kingdom.

For more information:

Antonia Diez-Aja

Email: adiez-aja@mtgap.net

Tel: 91 562 90 83 / 679 63 37 43