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  • 09 NOVEMBER 2024
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Delta Cafés expects to increase turnover by 12% this year (to 560 million)

The CEO of the Nabeiro Group -- Delta Cafés stated today that he expects the turnover to grow 12% this year, to 560 million euros, after having reached 500 million euros last year.

Delta Cafés expects to increase turnover by 12% this year (to 560 million)
Notícias ao Minuto

13:54 - 08/05/24 por Lusa

Economia Grupo Nabeiro

Rui Miguel Nabeiro spoke to journalists at the end of the event where the group's main new features were presented, including the new product categories that include Swee ice cream, Ootie smoothies, and Unboring snacks, which are now under the same umbrella, called Delta House.

"The turnover [last year] was 500 million euros", an increase of more than 8% compared to the 460 million euros recorded in 2022.

The prospects for this year are to "grow 12%" to 560 million, said the CEO of Grupo Nabeiro - Delta Cafés.

When asked about what is driving the turnover, Rui Miguel Nabeiro recalled that the group bought AMD Swiss.

"It is a distribution company and our expectation is that it will make 14 million [euros]", he continued, referring to the fact that it is then driven by "organic growth and innovation".

"We expect that in everything that is organic, 50% of what we grow will be through innovation", that is, "in new products", since the group considers innovation to be products launched in the last three/four years: "this has to bring capital for growth", he stressed.

Spain "is a market that is going very well for us, last year and this year have been very important for our growth", he pointed out.

The group is present in the Spanish market and is finally "making money", "Spain has been a very important driver in the last two years" and Angola continues to be "an important market", he pointed out.

Brazil "is a market that is still small for us", added Rui Miguel Nabeiro.

Grupo Nabeiro -- Delta Cafés' main markets are Spain, Angola and France. In the meantime, Switzerland is now worth "30 million euros" for the group.

Leia Também: Nestlé Portugal's turnover increases by 5.5% to 711 million in 2023 (Portuguese version)

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