Apofruit Italy closes its 2021 budget at 235 million euros & More News Here

Apofruit Italia, a number one cooperative within the fruit and vegetable sector

with greater than 3,000 grower members all through Italy, closed yr 2021 with optimistic numbers, regardless of the good difficulties that all the sector needed to face through the yr. As a matter of truth, the monetary statements file 235 million euros in gross sales, in step with the 2020 development, and with an working revenue of 620 thousand euros.

The consolidated steadiness sheet of the Group (represented by the businesses Canova for natural, Piraccini for normal markets, Mediterraneo Group for the distribution of the merchandise of business companions, Vivi Toscano for natural in Lazio and Tuscany, and Canova France and Canova Spain for his or her respective markets) additionally stabilized at 348 million euros, for a internet value of 103 million euros and a internet outcome for the yr of 812 thousand euros.

Ernesto Fornari, normal supervisor of the Apofruit Group, supplied an in depth rationalization of the scenario. “The premises under which the 2021 crop year opened did not bode well. Due to the late frosts that occurred throughout Italy between March and April 2021, we hit an all-time low for quantities of fruit and vegetables delivered to the cooperative, namely 145 thousand tons. This means 16 percent less in volumes than in 2020, which in itself was a year marked by frost problems, but mostly localized between Emilia Romagna and Veneto.”

 

To this troublesome scenario, the Apofruit Group reacted to begin with with a cautious administration of its processing facilities.

“Given what was happening, we decided to keep all non-core pickup centers closed, trying to focus on processing as much as possible, which is why peaches, nectarines and apricots have been fully processed in Cesena and not in Forlì or San Pietro in Vincoli, to give an example. For the same reason, we closed for several months the Vignola plant (reopened only in mid-May 2022), which specialized not only in cherries but also in pears.”

“The latter crop, in fact, which initially seemed to be unaffected by the unseasonably cold weather, showed 70% less production than in 2020. These extraordinary and exceptional measures have allowed us to close 2021 in a decent way, in line with the previous year, as well as a 2% increase in the value of payment to producers,” added Fornari.

“Given the situation, we are very satisfied with how we closed 2021. We consider that Apofruit is a real producers’ cooperative, since 90 percent of the products are conferred by the members. One other relevant aspect is the rapid efficiency gains, which has allowed us, on the one hand, to optimize operational output and, on the other hand, to liquidate 63 percent of turnover to our members. Unfortunately, the hardship remains for members who had no production due to the spring 2021 frost,” added Apofruit Italia President Mirco Zanotti.

Apofruit Italia plant and headquarters in Cesena

The wrap-up of Apofruit’s assemblies to point out members the earlier yr’s monetary statements additionally marked the time for compensating winter produce to members. Around 20 September, fruit and greens from spring are paid off, summer season is paid off round 20 December, autumn is paid off in mid-March, and winter is paid off in early July.

“Apples, green kiwi, yellow kiwi, pears, potatoes, onions, and, for the southern areas, also citrus, are being processed these days. This is a very important time because winter clearance accounts for 55 percent of total production. Again, our cooperative system has held up well despite the difficult situation, the second pandemic year and the increase in raw materials, which was already substantial in the latter part of last year,” confirmed gross sales supervisor Mirco Zanelli.

“In fact, compared to 71,000 tons of conferred product, which is 25 percent less than in 2020, the compensation to producers will be around 60 million euros, remaining stable compared to 2020. The average per kilogram thus increased by 33 percent. This is especially true for some products, such as yellow kiwifruit, some club apples (Pink Lady® first and foremost) and organic crops, which had an important impact on the total amount of compensation.”

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