Food Industry News

Voronezh confectionery factory completed 1-quarter with a loss of 55 mln. Rubles

OAO "Voronezh confectionery factory" (CCF) for the three months 2016 year worked with a loss of 55,8 million rubles (955 thousand. Rubles for the same period of 2015 years), it follows from the quarterly finotcheta company.

At the same time, the company's revenue remained almost unchanged - 598 million rubles (596,4 million rubles - in the first quarter of 2015 year). It is noted that the company reduced accounts payable in three months - from 1,2 billion rubles at the end of last year to 961 million rubles in the quarter. At the same time, receivables decreased from 958,2 million rubles to 556,9 million rubles.

The CCF report states that the company has reduced the volume of production. So, for the first quarter factory produced 4,8 thousand. Tons, compared with the fourth quarter of 2015 years (8,2 thousand. Tons) a decrease in the 41%. When compared with the same period last year (first quarter of the year 2015 5,4 thousand. Tons) sales decreased by 12%. The company attributed the decrease in household incomes change and, as a consequence, the decline in consumer demand. In addition, it decreased the proportion occupied by the CCF on the market: from the 1,09 2015% at the end of the year to 0,7%.

OAO "Voronezh confectionery factory" with 2003, the part of the holding company "United Confectioners» (60,54%). The company is able to produce more than 100 kinds of confectionery (candy, caramel, jelly beans, cookies, waffles, marshmallows and jelly). The geography of deliveries covers Voronezh, Samara, Rostov and other regions, the Volga region, the Urals, as well as the country and abroad.

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